-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：RMBS第一季營收為1.802億美元（年成長8%），超越市場普遍預期的1.7億美元，主要得益於DDR5產品和AI解決方案帶來的8,800萬美元產品營收（年成長15%）。儘管營收表現強勁，但非GAAP每股收益為0.63美元（年成長7%），低於市場普遍預期的0.64美元。記憶體介面解決方案的持續強勁表現反映了RMBS在資料中心和AI應用對更高頻寬需求方面保持的市場領先地位。第二季業績指引中位數預計為1.99億美元，其中產品收入預計為9,500萬至1.01億美元，授權收入預計為7,600萬至8,200萬美元。由於支出增加，營業利益率面臨壓力，非GAAP利潤率降至42%，但現金流依然強勁，達8,320萬美元。資產負債表狀況得到改善，現金達到7.861億美元，且無長期債務，為研發投資提供了充足的資源。我們認為，收入結構向高成長產品（目前佔總收入的49%）的轉變使RMBS業務處於有利地位，但我們也提醒，記憶體限製或伺服器瓶頸可能會在未來構成不利因素。
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