secwatch.observer — SEC 8-K summary
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Issuer:     RAMBUS INC (RMBS)
CIK:        0000917273
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0000917273-22-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rambus Q2 revenue $121.1M at guidance high end; record product revenue $53.3M
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- GAAP revenue $121.1M, net income $35.0M, diluted EPS $0.31; at high end of guidance.
- Record product revenue $53.3M (+71% YoY) driven by memory interface chips.
- Licensing billings $66.1M (flat YoY); operating cash flow $56.5M.
- Q3 guidance: licensing billings $63-69M, product revenue $51-57M, non-GAAP costs $77-81M.
- Paid $24.7M to repay 2023 senior notes and $16.1M for Hardent acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917273/000091727322000022/0000917273-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917273/000091727322000022/rmbs-20220801.htm
  HTML page:      https://secwatch.observer/filing/0000917273-22-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer