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Actionable news in RMBS: Rambus, Inc.,

Rambus provides weak revenue outlook

Rambus Inc. RMBS, +4.45% on Monday projected revenue in the September quarter would fall short of Wall Street targets, even as second-quarter results topped expectations.

The Silicon Valley company expects $75 million to $80 million in revenue this quarter, compared with analysts' projection for $84 million, according to Thomson Reuters.

Shares, up 11% this year, were down 3%...


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