Rambus Inc
BRIEF: For the three months ended 31 March 2013, Rambus Inc. revenues increased 6% to $66.9M. Net loss decreased 63% to $10.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects legal ex decrease of 43% to $17K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.25 to -$0.09.
Common Stock $.001 Par, 03/11, 500M auth., 107,785,430 issd. Insiders own 8.26%. IPO: 5/97, 3,162,500 shares @ $12.00 by Morgan Stanley Dean Witter. 6/00, 4-for-1 stock split.
Rambus Inc. (Rambus) is a technology solutions company. The Company invents, develops, offers and licenses solutions that challenge and enable its customers to create the future. It also develops products and services in security, advanced LED lighting and displays, and immersive mobile media. The Company has four business units: Memory and Interfaces Division, or MID, which focuses on the design, development and licensing of technology that is related to memory and interfaces; Cryptography Research, Inc., or CRI, which focuses on the design, development and licensing of technologies for chip and system security and anti-counterfeiting; Lighting and Display Technologies, or LDT, which focuses on the design, development and licensing of technologies for lighting and displays, and Mobile Technologies Division, or MTD, which focuses on the design, development and licensing of multi-media solutions. In February 2012, the Company acquired Unity Semiconductor, a memory technology company.
