Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 146M | 10.1% |
| Gross Profit | 117M | 11.5% |
| Cost of Revenue | 28M | 4.7% |
| Operating expense | 63M | 3.5% |
| Net Income | 49M | 35% |
| EBITDA | 58M | 32.3% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.25B | 0.1% |
| Total Liabilities | 213M | 4.1% |
| Total Equity | 1.04B | 1% |
| Shares Outstanding | 107M | 1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 62M | 11.9% |
| Cash from investing | -18M | 56.3% |
| Cash from financing | -55M | 212.2% |
EPS
Financial Highlights for Rambus in Q3 '24
Rambus reported a revenue of 146M, which is a 10.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 117M, marking a 11.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 28M, a 4.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 63M, showing a -3.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 49M, showing a 35% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 58M, showing a 32.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Rambus with growth in revenue, gross profit, and net income.
