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Why Rambus Stock Sank Today
RambusRambus(US:RMBS) Yahoo Finance·2025-10-28 20:25

Core Viewpoint - Rambus stock declined 8.7% despite a solid quarterly report, contrasting with gains in the S&P 500 and Nasdaq Composite [1][2]. Financial Performance - Rambus reported non-GAAP adjusted earnings per share (EPS) of $0.63 on revenue of $178.5 million, meeting earnings expectations but exceeding sales forecasts of $176 million [4]. - Adjusted revenue was $179.5 million, reflecting a year-over-year increase of approximately 22%, driven by strong demand in the DDR5 memory solutions category [5]. Future Guidance - The company projects fourth-quarter sales between $184 million and $190 million, with adjusted operating costs expected to be between $99 million and $103 million. Adjusted EPS for Q4 is anticipated to range from $0.64 to $0.71 [6]. Market Sentiment - Despite the positive revenue performance, investor concerns about potential growth deceleration in the current quarter have led to a negative market reaction. The stock has nearly doubled this year, but raised expectations may have contributed to the sell-off [7].