Rambus Inc. today reported Q4 net income of $6.5 million, or 6 cents per share, on revenue of $38.6 million.

Revenue was up 19 percent year over year. "We achieved record revenue for the year at nearly $145 million and our profitability continues to be solid," Harold Hughes, Rambus' CEO, said in a statement.

Q4 results included $6 million in contract revenues, up 31 percent year over year but down 27 percent sequentially. The year over year growth primarily reflects revenues from contracts signed in 2003 for XDR memory and Redwood interface technologies, Rambus said.

Q4 also included $32.6 million in royalties, up 17 percent year over year and 7 percent sequentially. The year over year increase comes from SDRAM and DDR royalties, the company said.

By: DocMemory
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