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Home > (RMBS, CRWE, CHCO, PETS) Stocks in Focus by BestOtc.com

(RMBS, CRWE, CHCO, PETS) Stocks in Focus by BestOtc.com

October 28th, 2011 at 09:02 am








Rambus Inc (Nasdaq:RMBS) reported financial results for the third quarter ended September 30, 2011. Revenue for the third quarter of 2011 was $100.3 million, up 51% sequentially from the second quarter of 2011 primarily due to the recognition of royalties from new licensing agreements signed in the second and third quarter of 2011. As compared to the third quarter of 2010, revenue was up 216% primarily due to the revenue recognized from agreements signed since the third quarter of 2010. Revenue for the nine months ended September 30, 2011 was $229.0 million, down 2% over the same period of last year, due to the recognition during the first quarter of 2010 of revenue from the settlement agreement signed with Samsung Electronics Co., Ltd. ("Samsung"), partially offset by the revenue recognized from agreements signed since the third quarter of 2010.

Read the full article:http://bestotc.com/18903/stock-alerts/rmbs-crwe-chco-pets-stocks-in-focus-by-bestotccom/



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