Rambus(RMBS) - 2024 Q1 - Quarterly Results

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 ...