SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported net income of $48.7 million in its third quarter.

The San Jose, California-based company said it had profit of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 50 cents per share.

The memory chip designer posted revenue of $145.5 million in the period.

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