Rambus Inc. (RMBS) Thursday reported first-quarter net loss of $10.4 million or $0.09 per share, narrower that last year's loss of $27.8 million or $0.25 per share.
Adjusted net income for the quarter rose to $13.3 million or $0.11 per share from $3.5 million or $0.03 per share in the prior year.
Analysts polled by Thomson Reuters expected loss of $0.04 per share for the quarter. Analysts' estimates typically exclude special items
Meanwhile, total revenues for the quarter grew to $66.86 million from $62.86 million in the prior year, while analysts estimated revenues of $67.0 million for the quarter.
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