RAMBUS INC — fact timeline

John Allen changed role as Interim Chief Financial officer at RAMBUS INC.

“In connection with the appointment, John Allen will cease serving as the Company’s Interim Chief Financial officer, effective as of the same date, and will continue to serve as the Company’s Vice President, Accounting and Chief Accounting Officer.”

Sumeet Gagneja was appointed as Senior Vice President and Chief Financial Officer at RAMBUS INC.

“The Board of Directors (the “Board”) of Rambus Inc. (“Rambus” or the “Company”) has appointed Sumeet Gagneja as the Senior Vice President and Chief Financial Officer of the Company, effective April 29, 2026, reporting to Luc Seraphin, Chief Executive Officer of the Company.”

RAMBUS INC reported the first quarter ended March 31, 2026 results: revenue $180.2 million, net income $59.9 million, EPS $0.55.

“Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the first quarter ended March 31, 2026. GAAP revenue for the first quarter was $180.2 million”

RAMBUS INC updated its the second quarter of 2024 guidance (reaffirmed).

“The following table sets forth the second quarter outlook for other measures. (In millions) GAAP Non-GAAP (1) Licensing billings (operational metric) (2) $61 - $67 $61 - $67 Product revenue (GAAP) $52 - $58 $52 - $58 Contract and other revenue (GAAP) $17 - $23 $17 - $23 Total operating costs and expenses $95 - $91 $80 - $76 Interest and other income (expense), net $3 $3 Diluted share count 109 109”

RAMBUS INC reported the first quarter ended March 31, 2024 results: revenue $117.9 million, net income $32.9 million, EPS $0.30.

“today reported financial results for the first quarter ended March 31, 2024. GAAP revenue for the first quarter was $117.9 million”

RAMBUS INC engaged KPMG LLP as its auditor.

“on February 26, 2024, the Audit Committee appointed KPMG LLP ("KPMG") as the Company’s new independent registered public accounting firm”

RAMBUS INC dismissed PricewaterhouseCoopers LLP as its auditor.

“on February 26, 2024, the Audit Committee dismissed PwC as the Company’s independent registered public accounting firm effective immediately.”

RAMBUS INC updated its first quarter of 2024 guidance (reaffirmed).

“The Company will discuss its full revenue guidance for the first quarter of 2024 during its upcoming conference call.”

RAMBUS INC reported quarter ended December 31, 2023 results: EPS $0.53.

“GAAP revenue for the fourth quarter wa s $122.2 million; licensing billings were $66.2 million , pr oduct revenue was $53.7 million, and contract and other revenue was $16.1 million.”

RAMBUS INC reported the third quarter ended September 30, 2023 results: revenue $105.3 million, net income $103.2 million, EPS $0.93.

“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”

RAMBUS INC completed a disposition involving Cadence Design Systems, Inc. for $110 million in cash (closed 2023-09-06).

“interface PHY IP business (the “Business”) to Cadence Design Systems, Inc. (“Purchaser”). Under the Asset Purchase Agreement governing the transaction, Purchaser paid Rambus $110 million in cash, subject to certain adjustments, for the Business. In connection with the completion of the transaction, Rambus issued the press release attached hereto as Exhibit 99.1”

RAMBUS INC entered into Supplemental Confirmation under the Master Confirmation (ASR Agreement) with Royal Bank of Canada, through its agent RBC Capital Markets, LLC valued at $100 million accelerated share repurchase program (effective 2023-08-10).

“On August 10, 2023, Rambus Inc. (NASDAQ: RMBS) (the “Company”) entered into a Supplemental Confirmation under the Master Confirmation (the “Master Agreement,” and together with the Supplemental Confirmation, the “ASR Agreement”) with Royal Bank of Canada, through its agent RBC Capital Markets, LLC (“Dealer”), pursuant to an accelerated share repurchase program (the “ASR Program”) under which the Company will repurchase shares of the Company’s common stock for an aggregate purchase price of approximately $100 million (the “Shares”).”

John Allen was appointed as Vice President, Accounting and Chief Accounting Officer at RAMBUS INC.

“On July 27, 2023, Rambus Inc. (the “ Company ”) appointed John Allen to the position of Vice President, Accounting and Chief Accounting Officer, effective as of August 1, 2023.”

RAMBUS INC reported the second quarter ended June 30, 2023 results: revenue $119.8 million, net income $168.9 million, EPS $1.51.

“GAAP revenue for the second quarter was $119.8 million, licensing billings were $60.2 million, product revenue was $55.0 million, and contract and other revenue was $24.1 million.”

RAMBUS INC entered into Purchase Agreement with Cadence Design Systems, Inc. valued at $110 million in cash (effective 2023-07-19).

“On July 19, 2023, Rambus Inc. (“Rambus”) and Cadence Design Systems, Inc. (the “Purchaser”) entered into an asset purchase agreement (the “Purchase Agreement”) pursuant to which Rambus agreed to sell certain assets, and the Purchaser agreed to assume certain liabilities from Rambus, in each case with respect to Rambus’ SerDes and memory interface PHY IP business, for $110 million in cash, subject to certain adjustments (the “Transaction”).”

RAMBUS INC: Amended and restated bylaws to enhance procedural mechanics, update director and committee provisions, add forum selection clauses, and conform to Delaware law (effective 2023-04-27).

“On April 27, 2023, the Board of Directors (the “Board”) of the Company approved the Company’s Amended and Restated Bylaws (the “Bylaws”), effective as of such date.”

RAMBUS INC: Amended and restated certificate of incorporation to add officer exculpation provisions (effective 2023-04-27).

“At the 2023 Annual Meeting, the Company’s stockholders approved an amendment and restatement of the Company’s amended and restated certificate of incorporation to add provisions that provide for exculpation of certain of the Company’s officers from liability in specific circumstances (the “Restated Certificate”).”

RAMBUS INC shareholders approved Approval of amendment and restatement of the Company’s certificate of incorporation, as amended, to reflect recently adopted Delaware law provisions regarding officer exculpation at the 2023-04-27 meeting.

“(vi) ITEM 6 : Approval of amendment and restatement of the Company’s certificate of incorporation, as amended, to reflect recently adopted Delaware law provisions regarding officer exculpation: For Against Abstain Broker Non-Votes 69,269,775 19,364,865 198,963 10,351,629 4”

RAMBUS INC shareholders approved Approval of an amendment to the Rambus 2015 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 5,210,000 and adopt a new ten-year term at the 2023-04-27 meeting.

“(v) ITEM 5 : Approval of an amendment to the Rambus 2015 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 5,210,000 and adopt a new ten-year term: For Against Abstain Broker Non-Votes 85,894,629 2,861,663 77,311 10,351,629”

RAMBUS INC shareholders approved Advisory vote on the frequency of holding an advisory vote on named executive officer compensation at the 2023-04-27 meeting.

“(iv) ITEM 4 : Advisory vote on the frequency of holding an advisory vote on named executive officer compensation: 1 Year 2 Years 3 Years Abstain 85,333,598 86,857 3,346,317 66,831”

RAMBUS INC shareholders approved Advisory vote to approve named executive officer compensation at the 2023-04-27 meeting.

“(iii) ITEM 3 : Advisory vote to approve named executive officer compensation: For Against Abstain Broker Non-Votes 86,932,183 1,837,863 63,557 10,351,629 3”

RAMBUS INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the period ending December 31, 2023 at the 2023-04-27 meeting.

“(ii) ITEM 2 : Ratification of appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the period ending December 31, 2023: For Against Abstain 96,433,295 2,647,402 104,535”

RAMBUS INC shareholders approved Election of three Class II directors for a term of two years expiring in 2025 at the 2023-04-27 meeting.

“(i) ITEM 1 : Election of three Class II directors for a term of two years expiring in 2025: Name For Against Abstain Broker Non-Votes Emiko Higashi 80,445,580 8,362,434 25,589 10,351,629 Steven Laub 87,865,534 941,881 26,188 10,351,629 Eric Stang 85,552,315 3,254,938 26,350 10,351,629”

RAMBUS INC reported first quarter ended March 31, 2023 results: revenue $113.8 million, net income $3.3 million, EPS $0.03.

“industry-leading chips and IP making data faster and safer, today reported financial results for the first quarter ended March 31, 2023. GAAP revenue for the first quarter was $113.8 million, licensing billings were $63.4 million, product revenue was $63.8 million, and contract and other revenue was $21.8 million. The Company also generated $38.9 million in cash”

RAMBUS INC amended Amendment No. 2 to Semiconductor Patent License Agreement with SK hynix Inc. valued at approximately $440,000,000 USD (effective 2023-03-31).

“On March 31, 2023, Rambus Inc. (“Rambus”) and SK hynix Inc. (“SK hynix”) entered into Amendment No. 2 (the “Second Amendment”) to their Semiconductor Patent License Agreement”

Sanjay Saraf resigned as Director at RAMBUS INC.

“On March 1, 2023, Sanjay Saraf notified Rambus Inc. (the “Company”) of his resignation from the Company’s board of directors, effective immediately.”

RAMBUS INC amended Second Amendment with Samsung Electronics Co., Ltd. (effective 2023-10-01).

“On October 27, 2022, Rambus Inc. (“Rambus”) and Samsung Electronics Co., Ltd., a Korean corporation (“Samsung”) entered into a second amendment (the “Second Amendment”) to that certain Semiconductor Patent License Agreement, dated January 19, 2010”

RAMBUS INC updated its the fourth quarter of 2022 guidance (initiated).

“For the fourth quarter of 2022, the Company expects licensing billings to be between $59 million and $65 million. The Company also expects royalty revenue to be between $29 million and $35 million, product revenue to be between $63 million and $69 million and contract and other revenue to be between $21 million and $27 million.”

RAMBUS INC reported the third quarter ended September 30, 2022 results: revenue $112.2 million, net income $0.9 million, EPS $0.01.

“chips and IP making data faster and safer, today reported financial results for the third quarter ended September 30, 2022. GAAP revenue for the third quarter was $112.2 million, licensing billings were $62.2 million, product revenue was $58.6 million, and contract and other revenue was $23.7 million. The Company also generated $80 million in cash”

Keith Jones resigned as Vice President, Finance and Interim Chief Financial Officer at RAMBUS INC.

“In addition, on August 1, 2022, Keith Jones, Vice President, Finance and Interim Chief Financial Officer of the Company tendered his resignation from the Company, to be effective as of August 5, 2022.”

Desmond Lynch was appointed as Senior Vice President, Finance and Chief Financial Officer at RAMBUS INC.

“On July 28, 2022, Rambus Inc. (the “Company”) appointed Desmond Lynch to the position of Senior Vice President, Finance and Chief Financial Officer, effective as of August 1, 2022.”

Meera Rao changed role as Class I Director at RAMBUS INC.

“In connection with Mr. Laub’s appointment to the Board and to rebalance the size of the Company’s two classes of directors, Meera Rao has moved from being a Class II director to a Class I director as approved by the Board, with Ms. Rao’s service on the Board continuing uninterrupted.”

Steven Laub was appointed as Class II Director at RAMBUS INC.

“On April 28, 2022, the Board of Directors (the “Board”) of Rambus Inc. (the “Company”) appointed Steven Laub, age 63, to serve as a Class II director, effective immediately”

Keith Jones was appointed as interim Vice President, Finance and Chief Financial Officer at RAMBUS INC.

“the Company appointed Keith Jones to the position of interim Vice President, Finance and Chief Financial Officer, to be effective as of November 15, 2021.”

Rahul Mathur resigned as Senior Vice President, Finance and Chief Financial Officer at RAMBUS INC.

“On October 8, 2021, Rahul Mathur, Senior Vice President, Finance and Chief Financial Officer of the Company tendered his resignation from the Company, to be effective as of November 15, 2021.”