The company Rambus was reported for the first quarter of 2017: for the year income rose by a third

The company Rambus has published a report for the first quarter of 2017. Income for the reporting period amounted to 97.4 million dollars, which is 34% more revenue for the first quarter of 2016.

Operating profit amounted to 13.4 million dollars. For comparison: in the first quarter of 2016, this rate was equal to 9.3 million dollars. Net profit for the year increased from $ 1.9 million to $ 3.0 million.

As at the end of the quarter, the company had 187,6 million dollars in cash and cash equivalents. A year ago this figure was equal 225,6 million dollars. At the same time, the value of all assets for the year increased from 752,8 to 826,2 million dollars.

Source: Rambus

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