SUNNYVALE, Calif.--(BUSINESS WIRE)--
Rambus Inc. (Nasdaq:RMBS), the innovative technology solutions company,
today updated its revenue guidance for the quarter ending June 30, 2013,
narrowing the range to $56 million to $58 million from the initial range
of $53 million to $58 million. In addition, subsequent to the Hynix
settlement announced last week, the Company will be reversing a prior
accrual included in operating expenses, related to previously awarded
costs of $8 million in litigation expenses.
About Rambus Inc.
Rambus is the innovative technology solutions company that brings
invention to market. Unleashing the intellectual power of our
world-class engineers and scientists in a collaborative and synergistic
way, Rambus invents, licenses and develops solutions that challenge and
enable our customers to create the future. While best known for creating
unsurpassed semiconductor memory architectures, Rambus is also
developing world-changing products and services in security, advanced
LED lighting and displays, and immersive mobile media. For additional
information visit www.rambus.com.
RMBSFN
Rambus Inc.
Carolyn Robinson, 408-462-8717
Public Relations
crobinson@rambus.com
or
Rambus
Inc.
Nicole Noutsios, 408-462-8050
Investor Relations
nnoutsios@rambus.com
Source: Rambus Inc.
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