---
schema_version: "secwatch.filing_event.v1"
accession: "0000917273-23-000025"
form_type: "8-K"
ticker: "RMBS"
cik: "0000917273"
company_name: "RAMBUS INC"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:32:17.867483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rambus Q3 revenue $105.3M beats guidance; net income includes $90.8M PHY IP sale gain

## Summary
- GAAP revenue $105.3M, product revenue $52.2M, licensing billings $57.9M; diluted EPS $0.93 (includes $90.8M gain on PHY IP sale).
- Generated $51.6M cash from ops; completed $100M accelerated share repurchase program.
- Sold PHY IP business to strengthen focus on chips and digital IP.
- Q4 outlook: licensing billings $56-62M, product revenue $52-58M, total operating costs $88-84M GAAP.
- Non-GAAP operating costs $73-69M; diluted share count ~110M.

## SEC filing metadata
- accession: 0000917273-23-000025
- form_type: 8-K
- ticker: RMBS
- cik: 0000917273
- company_name: RAMBUS INC
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917273/000091727323000025/0000917273-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917273/000091727323000025/rmbs-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000917273-23-000025
- JSON: https://secwatch.observer/filing/0000917273-23-000025.json
- Plain text: https://secwatch.observer/filing/0000917273-23-000025.txt

## Key facts
- Earnings Releases
  RAMBUS INC reported the third quarter ended September 30, 2023 results: revenue $105.3 million, net income $103.2 million, EPS $0.93.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $105.3 million
  - Net income: $103.2 million
  - EPS: $0.93
  - Result: reported results
  source text: chips and IP making data faster and safer, today reported financial results for the third quarter ended September 30, 2023. GAAP revenue for the third quarter was $105.3 million, licensing billings were $57.9 million, product revenue was $52.2 million, and contract and other revenue was $24.2 million. The Company also generated $51.6 million in cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/917273/000091727323000025/0000917273-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.