Rambus Inc. (RMBS) is set to announce its Q116 earnings after the market close on Monday, April 18. Analysts expect the semiconductor company to report earnings per share of $0.12 and revenue of $73.25 million. That would be $0.06 lower the $0.18 per share posted last quarter and $0.02 lower the $0.14 posted in the Q115. Revenue is projected to be $350 thousand higher than the $72.9 million posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.13 per share.
As a quick reminder, RMBS reported Q415 EPS of $0.18, $0.03 better than the Street’s consensus estimate of $0.15. Revs increased 6.67% year-over-year to $76.8 million versus the $73.72 million consensus.
RMBS shares surged 0.59% to $13.75 in mid-day trading.
International Business Machines Corporation (IBM) is scheduled to release Q116 earnings after the close today. The Street is looking for EPS of $2.09 and revenue of $18.28 billion. Last quarter, the company reported EPS of $4.84, $0.03 better than the Street’s consensus estimate of $4.81. Revs however, fell 8.50% year-over-year to $22.06 billion versus the $24.11 billion reported. Meanwhile, EarningsWhisper.com reports a whisper number of $2.11 per share.
IBM shares are higher by nearly 0.47% to $152.44 in mid-day trading.