Core Viewpoint - Orchid Island Capital, Inc. has declared a monthly cash dividend of $0.12 per share for March 2025, payable on April 29, 2025, to shareholders of record as of March 31, 2025, with the ex-dividend date also on March 31, 2025. The next dividend announcement is expected on April 9, 2025 [1][7]. Dividend Policy - The company intends to make regular monthly cash distributions to its common stockholders. To qualify as a real estate investment trust (REIT), it must distribute at least 90% of its REIT taxable income annually, excluding net capital gains. The company has not set a minimum distribution level and cannot guarantee future distributions [2]. Share Information - As of March 19, 2025, the company had 105,873,628 shares of common stock outstanding, an increase from 98,853,628 shares as of February 28, 2025, and 82,622,464 shares as of December 31, 2024 [3]. RMBS Portfolio Characteristics - Orchid Island Capital, Inc. focuses on investing in Agency RMBS, including traditional pass-through Agency RMBS and structured Agency RMBS. The company is managed by Bimini Advisors, LLC, a registered investment adviser [4]. RMBS Valuation Characteristics - As of February 28, 2025, the company's RMBS portfolio includes various fixed-rate mortgage-backed securities with a total face value of $6,487,158,000 and a fair value of $6,345,027,000. The weighted average coupon rate is 5.22%, with a weighted average maturity of 24 months [6][11]. Borrowings and Counterparty Exposure - The total borrowings of the company amount to $5,591,286,000, with an average interest rate of 4.45%. The borrowings are diversified across multiple counterparties, with MUFG Securities Canada, Ltd. being the largest at $337,100,000 [13][14].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-22339 __________________________ ...

Rambus Fourth Quarter and Fiscal Year 2024 Financial Results Safe Harbor for Forward-Looking Statements; Other Disclosures This presentation contains forward-looking statements, including those relating to the Company's expectations regarding business opportunities, the Company's ability to deliver long-term, profitable growth, industry growth rates, timing of expected product launches, demand for existing and newly-acquired technologies, product and investment strategies, the Company's outlook and financia ...

Revenue Performance - GAAP revenue for Q4 2024 was $161.1 million, representing a 32% increase year-over-year from $122.2 million in Q4 2023[1][2] - Total revenue for the three months ended December 31, 2024, was $161,102,000, representing a 31.8% increase from $122,225,000 in the same period of 2023[28] - Product revenue reached a record $73.4 million, up 37% year-over-year from $53.7 million in Q4 2023[2][3] - Product revenue increased to $73,369,000 in Q4 2024, up 36.7% from $53,698,000 in Q4 2023[28] - Royalties revenue rose to $58,211,000, a 10.4% increase compared to $52,412,000 in the prior year[28] Income and Expenses - Operating income for Q4 2024 was $57.9 million, with an operating margin of 36%, up from 29% in Q4 2023[2][4] - Operating income for the year ended December 31, 2024, was $183,009,000, reflecting a 19.0% increase from $153,639,000 in 2023[28] - Total operating expenses for Q4 2024 were $71.7 million, up from $63.0 million in Q4 2023[2][4] - Non-GAAP operating expenses for Q4 2024 were $60.1 million, compared to $51.0 million in Q4 2023[4][11] - The company expects forward-looking Non-GAAP operating costs and expenses for Q1 2025 to be between $87,000,000 and $91,000,000[31] Cash Flow and Assets - Annual cash from operations for 2024 was $230.6 million, an 18% increase compared to the previous year[3][5] - Cash, cash equivalents, and marketable securities as of December 31, 2024, totaled $481.8 million, an increase of $49.1 million from the previous quarter[5] - Total current assets increased to $690,257,000 as of December 31, 2024, compared to $630,645,000 in 2023, marking a 9.5% growth[26] Equity and Net Income - Total stockholders' equity rose to $1,120,692,000 in 2024, up 7.9% from $1,038,101,000 in 2023[26] - Net income for the year ended December 31, 2024, was $179,821,000, down 46.3% from $333,904,000 in 2023[28] - The company reported diluted net income per share of $0.58 for Q4 2024, compared to $0.53 in Q4 2023[2][4] Future Guidance - The company expects Q1 2025 licensing billings to be between $59 million and $65 million, with product revenue guidance of $72 million to $78 million[7][8] Research and Development - Research and development expenses for the year ended December 31, 2024, were $162,881,000, a 3.0% increase from $156,827,000 in 2023[28] Strategic Developments - Rambus extended its patent license agreement with Micron through 2029, enhancing its market position[3]

Rambus Inc. RMBS will release its fourth-quarter financial results, after the closing bell, on Monday, Feb. 3, 2025.Analysts expect the San Jose, California-based company to report quarterly earnings at 47 cents per share, down from 53 cents per share in the year-ago period. Rambus projects quarterly revenue of $160.29 million, compared to $136 million a year earlier, according to data from Benzinga Pro.On Dec. 10, Rambus disclosed that it has extended the term of its comprehensive patent license agreement ...

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to increase significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience analyzing companies in the tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - Michael leads the investing group Deep Value Returns, which offers insights through a concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The Deep Value Returns community is described as active, vibrant, and supportive, providing accessible chat options for both new and experienced investors [3]

Rambus (RMBS) shares have plunged 22.9% year to date, underperforming the Zacks Electronics - Semiconductors industry, Zacks Computer and Technology sector and the S&P 500 index’s return of 33%, 25.7% and 23.4%, respectively.Rambus stock continues to face a steady decline due to prolonged pressure on its top-line growth because of reduced spending on traditional servers by enterprise customers. The demand for conventional servers, which have historically driven Rambus' memory interface and security solution ...

November 2024 Monthly Dividend of $0.12 Per Share of Common Stock  Estimated Book Value Per Share as of November 8, 2024 of approximately $8.30 to $8.34RMBS Portfolio Characteristics as of October 31, 2024Next Dividend Announcement Expected December 10, 2024 VERO BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of November 2024. The dividend of $0.12 ...

证 券 研 究 报 告 会议纪要 电子 2024 年 11 月 06 日 | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1 - The article initiates coverage on Rambus (NASDAQ: RMBS) with a BUY rating, emphasizing confidence in its top-tier products and relative discount to peers [1] - The positive outlook is supported by strong AI tailwinds and robust financials, indicating a favorable market position for Rambus [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company mentioned [2]