Rambus Inc Del Stock Price, News & Analysis

Rambus (NASDAQ:RMBS) reported strong Q4 2024 financial results with record quarterly product revenue of $73.4 million, up 11% sequentially and 37% year over year. The company achieved total revenue of $161.1 million for Q4, comprising licensing billings of $63.6 million, product revenue of $73.4 million, and contract and other revenue of $29.5 million.

The company generated record annual cash from operations of $230.6 million for 2024, representing an 18% increase year over year. Q4 GAAP operating income was $57.9 million with a 36% operating margin. Net income reached $62.2 million, resulting in diluted earnings per share of $0.58. Cash, cash equivalents, and marketable securities stood at $481.8 million as of December 31, 2024.

Looking ahead to Q1 2025, Rambus projects product revenue between $72-78 million and licensing billings of $59-65 million.

Rambus (Nasdaq: RMBS), a chip and silicon IP provider specializing in making data faster and safer, has announced it will host a conference call on Monday, February 3, 2025, at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2024 financial results. The call will be accessible via webcast on the company's investor relations website. A replay will be available on the website and through phone numbers for one week following the call.

Rambus (NASDAQ: RMBS) has announced the extension of its comprehensive patent license agreement with Micron Technology for an additional five years. The extension maintains existing licensing terms through late 2029, providing Micron with broad access to Rambus' patent portfolio. The agreement supports ongoing product collaboration between the two companies, though specific terms and details remain confidential.

Rambus (Nasdaq: RMBS) announced its executives' participation in two upcoming investor conferences. CEO Luc Seraphin and CFO Desmond Lynch will present at the Wells Fargo 8th Annual TMT Summit in Rancho Palos Verdes on December 3, 2024, at 8:00 a.m. PT, and at the Nasdaq 51st Investor Conference in London on December 11, 2024, at 7:00 a.m. PT. Both presentations will be accessible via live webcast on the Rambus Investor Relations website, with replays available afterward.

Rambus (NASDAQ:RMBS) reported strong Q3 2024 financial results with total revenue of $145.5 million. Product revenue reached $66.4 million, showing 17% sequential and 27% year-over-year growth. The company generated $62.1 million in cash from operations and reported licensing billings of $65.4 million. Notable achievements include the introduction of industry-first complete chipsets for DDR5 MRDIMMs and RDIMMs targeting data center and AI applications. GAAP diluted net income per share was $0.45, with a diluted share count of 108 million shares.

Rambus Inc. (NASDAQ: RMBS) has unveiled industry-first, complete memory interface chipsets for Gen5 DDR5 RDIMMs and next-generation DDR5 Multiplexed Rank Dual Inline Memory Modules (MRDIMMs). These innovative products aim to extend DDR5 performance with increased bandwidth and memory capacity for data center and AI workloads.

The new chipsets include:

• Gen5 Registering Clock Driver (RCD) for RDIMMs at 8000 MT/s
• Multiplexed Registering Clock Driver (MRCD) and Multiplexed Data Buffer (MDB) for MRDIMMs at 12,800 MT/s
• Second-generation server Power Management IC (PMIC5030) for both DDR5 RDIMM 8000 and MRDIMM 12800

The DDR5 MRDIMM 12800 employs a novel design that boosts data transfer rates by multiplexing two ranks of DRAM, effectively doubling the bandwidth of the DIMM beyond the native DRAM device speed.

Rambus Inc. (Nasdaq: RMBS), a leading chip and silicon IP provider, has announced that it will hold a conference call on Monday, October 28, 2024, at 2:00 p.m. Pacific Time to discuss its third quarter fiscal year 2024 results. The call will be webcast and can be accessed via the company's investor relations website at investor.rambus.com.

A replay of the call will be available on the Rambus Investor Relations website or for one week at the following numbers: (866) 813-9403 (domestic) or (+1) 929-458-6194 (international) with ID# 719712. This announcement provides investors and analysts with an opportunity to gain insights into Rambus' recent financial performance and future outlook.

Rambus (Nasdaq: RMBS) is hosting an expert panel at the AI Hardware & Edge AI Summit 2024 in San Jose, CA. The discussion, moderated by Dr. Steven Woo, will address key topics like AI workload complexity, system performance demands, power and thermal concerns, memory bottlenecks, and emerging technologies. Panelists include executives from Intel, Meta, and Samsung Electronics. The event takes place on September 10, 2024, at 5:00 p.m. PT at the Regency Ballroom B, Signia by Hilton, Booth 31. For more details, visit here.

Rambus Inc. (NASDAQ: RMBS) has announced the industry's first HBM4 Memory Controller IP, expanding its leadership in high-bandwidth memory solutions. This new controller supports JEDEC Spec of 6.4 Gbps and can operate up to 10 Gbps, delivering a throughput of 2.56 TB/s per memory device. It's designed to meet the demanding memory bandwidth requirements of next-generation AI accelerators and GPUs.

The HBM4 Controller IP aims to address the growing needs of Large Language Models (LLMs) and high-performance computing (HPC) applications. It builds on Rambus' track record of over 100 HBM design wins and can be paired with third-party or customer PHY solutions. The controller is now available for licensing, with early access design customers able to engage immediately.