Rambus (RMBS) Down Big After Q3 Earnings

Core Insights - Rambus reported a revenue growth of 22.7%, surpassing expectations, but its earnings per share (EPS) fell short of consensus, marking the end of a five-quarter streak of beating EPS estimates [1] Financial Performance - Revenue growth of 22.7% indicates strong demand and effective business strategies [1] - EPS missed consensus expectations, highlighting potential challenges in cost management or pricing strategies [1]