secwatch.observer — SEC 8-K summary
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Issuer:     RAMBUS INC (RMBS)
CIK:        0000917273
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0000917273-24-000097
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rambus Q2 revenue $132.1M, product revenue up 13% sequentially; Q3 guidance signals continued growth
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- GAAP revenue $132.1M (Q2 2024) vs $119.8M YoY; diluted EPS $0.33 vs $1.51 (prior year included large gain).
- Product revenue $56.7M, up 13% sequentially; cash from operations $70.4M vs $50.4M YoY.
- Licensing billings $61.5M, roughly flat YoY; contract and other revenue $19.0M.
- Q3 guidance: product revenue $62–68M, licensing billings $60–66M, non-GAAP opex $78–82M.
- CEO expects double-digit sequential chip growth in Q3; portfolio expansion in DDR5 PMICs, PCIe 7.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917273/000091727324000097/0000917273-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917273/000091727324000097/rmbs-20240729.htm
  HTML page:      https://secwatch.observer/filing/0000917273-24-000097

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