On July 14, Rambus (NASDAQ:RMBS) released results for its 2005 fiscal second quarter, which ended June 30.

  • Revenue of $39.9 million lagged Street estimates while EPS of $0.05 was in line with analyst projections.
  • Royalty revenue increased 17% year over year and 5% sequentially.

(Figures in thousands, except per-share data)

Income Statement Highlights (What's this?)

Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$40,080

$39,985

$34,965

+14.4%

Net Profit

--

$5,360

$8,324

-35.6%

EPS

$0.05

$0.05

$0.08

-37.5%



Margin Checkup (What's this?)

Q2 2005

Q2 2004

Change

Gross Margin

87.58%

85.82%

+1.8%

Op. Margin

14.02%

30.34%

-16.3%

Net Margin

13.41%

23.81%

-10.4%



Balance Sheet Highlights (What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash+ ST Invest.

$171,399

$86,009

+99.3%

Inventory

--

--

N/A

Accounts Rec.

$1,667

$454

+267.2%



Liabilities

Q2 2005 Q2 2004

% Change

Notes Pay.

$300,000

--

N/A

Accounts Pay.
& Other Current Liabilities

$24,811

$13,251

+87.2%



Cash Flow Highlights (What's this?)

No cash flow statement provided. (Boo!)

Related Companies:

  • Infineon Technologies (NYSE:IFX)
  • Micron Technology (NYSE:MU)

Related Foolishness:

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Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profile, which is here. The Motley Fool has an ironclad disclosure policy.