* Q2 net loss $32.2 mln vs net loss $10.6 mln year ago
* Q2 rev down 15 pct at $56.2 mln
* Shares fall 9 pct after market
July 19 Technology licensing company Rambus
Inc's quarterly loss widened on a fall in contract
sales and lower royalties.
Net loss widened to $32.2 million, or 29 cents per share, in
the second quarter from $10.6 million, or 10 cents per share, a
Excluding items, the loss was 1 cent per share.
Revenue at the Sunnyvale, California-based company fell 15
percent to $56.2 million.
Revenue from contracts plunged 91 percent to $492,000, while
revenue from royalties fell 9 percent to $55.7 million.
The company last month appointed Ronald Black as its chief
In the last one year, Rambus settled patent litigation with
Nvidia Corp, Broadcom Corp and Freescale
Semiconductor Ltd. It reached a settlement agreement
with MediaTek in March.
Shares of the company, which have fallen 63 percent in the
last year, were down 9 percent at $4.75 in trading after the
bell. They closed at $5.21 on Thursday on the Nasdaq.