secwatch.observer — SEC 8-K summary
======================================

Issuer:     RAMBUS INC (RMBS)
CIK:        0000917273
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0000917273-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rambus Q4 net income $58.5M, EPS $0.53; revenue at high end of guidance
-----------------------------------------------------------------------

- GAAP rev $122.2M (flat YoY); net income $58.5M vs $15.9M; diluted EPS $0.53 vs $0.14.
- Product rev $53.7M (down 20% YoY) offset by royalty rev $52.4M (up 67% YoY).
- Generated $54.8M cash from ops in Q4; cash & securities $425.8M, up $50.3M QoQ.
- Launched industry's first Gen4 DDR5 RCD for server memory modules.
- Q1 2024 guidance: product rev $47-53M, licensing billings $59-65M, non-GAAP op ex $75-71M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917273/000091727324000012/0000917273-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917273/000091727324000012/rmbs-20240205.htm
  HTML page:      https://secwatch.observer/filing/0000917273-24-000012

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