SUNNYVALE, Calif.--(BUSINESS WIRE)--
Rambus Inc. (NASDAQ:RMBS), the innovative technology solutions company
that brings invention to market, today updated its revenue guidance for
the second quarter of 2014 to be between $75 million and $77 million, up
from the initial range of $69 million to $74 million. There was no
change to its guidance of pro forma operating costs and expenses. For
the full year 2014, the Company reiterated its revenue guidance to be
between $295 million and $305 million.
About Rambus Inc.
Rambus brings invention to market. Our customizable IP cores,
architecture licenses, tools, services, and training improve the
competitive advantage of our customers' products while accelerating
their time-to-market. Rambus products and innovations capture, secure
and move data. For more information, visit rambus.com.
Forward-Looking Statements
Achievement of projected revenue is not without risk and includes
numerous assumptions and expectations, including that the Company will
sign new customers for both patented innovations and technology
solutions. The above statements referring to plans and
expectations for the second quarter and the year and the future are
forward-looking statements that involve a number of risks and
uncertainties. Words such as "anticipates," "expects," "intends,"
"plans," "believes," "seeks," "estimates," "may," "will," "should" and
their variations identify forward-looking statements. Statements that
refer to or are based on projections, uncertain events or assumptions
also identify forward-looking statements. Many factors, more fully
described in the Company's periodic reports filed with the Securities
and Exchange Commission, could affect the Company's actual results, and
variances from the Company's current expectations regarding such factors
could cause actual results to differ materially from those expressed in
these forward-looking statements. The Company undertakes no obligation
to update forward-looking statements to reflect events or circumstances
after the date of this press release.
RMBSTN
Rambus Inc.
Carolyn Robinson, 408-462-8717
Corporate
Communications
crobinson@rambus.com
Nicole
Noutsios, 408-462-8050
Investor Relations
nnoutsios@rambus.com
Source: Rambus Inc.
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