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Rambus RMBS Q2 2024 earnings

Reported July 29, 2024 · After market close

Revenue estimate$138.9M
EPS estimate$0.45

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$213.8M
EPS estimate$0.77

Financials

Q2 2024

Income statement

See full
Revenue$132.1M+10.3%
Gross profit$105.3M+9.4%
Operating income$40.3M+245%
Net income$36.1M-78.6%
EPS (diluted)$0.33-78.1%

Balance sheet

See full
Cash & equivalents$124.6M+2.0%
Total debt$30.8M-1.4%
Total equity$1.0B+8.8%
Total assets$1.3B+11.0%

Cash flow

See full
Operating cash flow$70.4M+39.6%
CapEx$11.3M+67.9%
Free cash flow$59.1M+35.2%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$6.35B-8.6%
Enterprise value$6.26B-8.8%
P/E27.5×
P/S13.3×-1.5×

Profitability

See full
Gross margin79.3%+4.0pp
Operating margin44.1%+34.1pp
Net margin48.3%
FCF margin40.4%-1.3pp

Returns & leverage

See full
Return on equity23.4%
Debt / equity0.0×
Current ratio7.2×+1.9×

Segments

By geography

See full
US$55.7M
KR$35.8M
SG$19.2M

By product

See full
Product Revenue$56.7M+3.1%
Royalty$56.4M+38.6%
Contractandother Revenue$19.1M-21.2%

By segment

See full
Reportable$132.1M+14.6%

Versus estimates

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Questions, answered.

When did Rambus report Q2 2024 earnings?
Rambus (RMBS) reported Q2 2024 earnings on July 29, 2024 after market close.
What were Rambus's Q2 2024 revenue and EPS?
Rambus reported revenue of $132.1M and diluted EPS of $0.42 for Q2 2024.
Did Rambus beat estimates in Q2 2024?
Revenue missed the consensus estimate of $138.9M by $6.8M. EPS missed the consensus estimate of $0.45 by $0.03.
Where can I find Rambus's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000917273-24-000100) directly on SEC EDGAR. The filing index links above go to sec.gov.