Memory chip company Rambus Inc. reported an 22 percent decline in revenue and bigger losses during the fourth quarter, though business appeared to pick up from earlier in the year.
The company, which receives licensing fees from patents of its memory chip designs, lost $27.3 million, or 22 cents per share, compared with a loss of $15.5 million, or 15 cents, in the same quarter a year earlier.
Memory chip company Rambus Inc. reported an 18 percent decline in revenue and bigger losses during the fourth quarter, though business appeared to pick up from earlier in the year.
The company, which receives licensing fees from patents of its memory chip designs, lost $23.3 million, or 22 cents per share, compared with a loss of $15.5 million, or 15 cents, in the same quarter a year earlier.
Revenue fell to $30.8 million from $37.6 million
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