Rambus

Rambus is initiating an accelerated repurchase and is paying $100 million to Mizuho Markets Americas for the immediate delivery of approximately 796,000 common shares. The final repurchase quantity will be calculated based on the volume-weighted average price during the transaction minus a discount. The program is expected to complete by the end of Q3 2026 and is part of a previously authorized broader repurchase program. » More on de.investing.com

Rambus reported a record Q2 with revenue of $207.4 million, up 20% year‑over‑year, and provided Q3 guidance of $210–216 million and GAAP diluted EPS of $0.59–0.67. Product revenue grew on DDR5 9600 rollouts and an HBM IP win, but product gross margin drifted to the low‑60% area and trailing‑twelve‑month net margin fell to 31.7%. Shares dropped about 20% after the report as investors reacted to margin compression and a high forward P/E of 24.27x, leaving limited tolerance for further execution or margin setbacks. » More on finance.yahoo.com

Rambus beat Wall Street expectations in the second quarter of 2026 with adjusted EPS of $0.77 (expectation $0.72) and total revenue of $207.4 million (expectation $199.3 million), up 20% year-over-year. Product revenue hit a record $99.2 million (+22% y/y), pointing to rising demand for AI memory interfaces. For Q3, Rambus forecasts revenue of $210–216 million and EPS of $0.75–0.82, roughly in line with consensus and reassuring investors. » More on de.investing.com