Rambus Inc. Q3 Earnings Climb 14%

(RTTNews) - Rambus Inc. (RMBS) announced a profit for its third quarter that advanced from last year.

The company said its bottom line came in at $16.96 million, or $0.14 per share. This was up from $14.82 million, or $0.13 per share, in last year's third quarter.

The company said revenue for the quarter rose 5.8% to $73.78 million. This was up from $69.71 million last year.

Rambus Inc. earnings at a glance:

-Earnings (Q3): $16.96 Mln. vs. $14.82 Mln. last year. -Earnings Growth (Y-o-Y): 14.4% -EPS (Q3): $0.14 vs. $0.13 last year. -EPS Growth (Y-o-Y): 7.7% -Revenue (Q3): $73.78 Mln vs. $69.71 Mln last year. -Revenue Change (Y-o-Y): 5.8%

-Guidance: Next quarter revenue guidance: $71 - $77 Mln