Rambus Inc. (NASDAQ:RMBS) Q2 2024 Earnings Conference Call July 29, 2024 5:00 PM ET Company Participants Desmond Lynch - Senior Vice President and Chief Financial Officer Luc Seraphin - President and Chief Executive Officer Conference Call Participants Kevin Cassidy - Rosenblatt Blayne Curtis - Jefferies Mehdi Hosseini - SIG Operator Welcome to the Rambus Second Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. At the conclusion of our prepared rema ...

Safe Harbor for Forward-Looking Statements; Other Disclosures Memory Interface Chips up 13% sequentially, with strong Q3 outlook driven by demand for DDR5 3 Second Quarter 2024 Financial Summary Excellent Q2 cash from operations of $70.4M, further strengthening the balance sheet 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, ti ...

RAMBUS REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Exhibit 99.1 • Achieved solid Q2 results in line with expectations and generated outstanding cash from operations of $70.4 million • Delivered $56.7 million in product revenue, up 13% sequentially • Continued product portfolio expansion with DDR5 server PMICs, Client Clock Driver, and PCIe 7 IP solutions "We delivered solid second quarter results with robust growth in product revenue and excellent cash from operations," said Luc Seraphin, chief executive ...

The semiconductor industry is expected to have met its second-quarter earnings targets, driven by a solid rebound. The industry is continuing its dream run so far this year, which is evident from its growing semiconductor sales. The data-centric computing architecture, especially cloud computing, the Internet of Things (IoT) and the metaverse, which have expanded the horizon for semiconductors, is anticipated to have benefited the industry players. The solid adoption of smart devices, which need computing a ...

| --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | ...

Prospects and Challenges Ahead Q1 2024 Fulton Average Deposits and Borrowings & Other and 3.50% Cost of Funds (dollars in billions) $24 3.00% $3 $3 $3 $3 $3 2.50% $21 $21 $21 $21 $21 $21 2.22 2.00% 2.68 4 1.70% $18 1.929 1.95% 1.79% 4 1.50% 1.279 1.56% $15 C 1.32% 1.00% I $12 0.82% 0.50% $9 0.00% 1Q23 2Q23 3Q23 4Q23 1Q24 Deposits Borrowings & Other == Cost of Deposits —Cost of Funds The second problematic aspect is that the loan portfolio has almost stalled. Compared to the previous quarter, there was an in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 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 INC. (Exact name o ...

Rambus (RMBS) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.27%. A quarter ago, it was expected that this memory chip designer would post earnings of $0.45 per share when it actually produced earnings of $0.47, delivering a surprise of 4.44%.Over the last four quarters, the compan ...

Rambus Inc. (NASDAQ:RMBS) Q1 2024 Results Conference Call April 29, 2024 5:00 PM ET Company Participants Desmond Lynch - Chief Financial Officer Luc Seraphin - Chief Executive Officer Conference Call Participants Gary Mobley - Wells Fargo Mehdi Hosseini - SIG Kevin Cassidy - Rosenblatt Nam Kim - Arete Research Operator Welcome to the Rambus First Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. At the conclusion of our prepared remarks, we will con ...

Exhibit 99.1 News Release RAMBUS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • Launched industry-leading family of DDR5 PMICs for AI and traditional servers SAN JOSE, Calif. – April 29, 2024 – 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, 2024. GAAP revenue for the first quarter was $117.9 million, licensing billings were $63.2 million, product revenue was $50.4 million, and contrac ...