Rambus Inc. shares dropped in the extended session Monday after the chip and sensor maker’s forecast fell short of the Wall Street consensus. Rambus shares...
Rambus Inc.
shares dropped in the extended session Monday after the chip and sensor maker’s forecast fell short of the Wall Street consensus. Rambus shares fell more than 8% after hours, following a 0.1% uptick in the regular session to close at $62.61. The company reported second-quarter net income of $168.9 million, or $1.51 a share — largely because of a $155.3 million tax benefit. Before the tax benefit the company reported net income of $13.
shares dropped in the extended session Monday after the chip and sensor maker’s forecast fell short of the Wall Street consensus. Rambus shares fell more than 8% after hours, following a 0.1% uptick in the regular session to close at $62.61. The company reported second-quarter net income of $168.9 million, or $1.51 a share — largely because of a $155.3 million tax benefit. Before the tax benefit the company reported net income of $13.
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