Rambus Past Earnings Performance

Past criteria checks 5/6

Rambus has been growing earnings at an average annual rate of 81.7%, while the Semiconductor industry saw earnings growing at 29.5% annually. Revenues have been growing at an average rate of 18.1% per year. Rambus's return on equity is 36.7%, and it has net margins of 78.1%.

Key information

81.7%

Earnings growth rate

81.9%

EPS growth rate

Semiconductor Industry Growth	27.7%
Revenue growth rate	18.1%
Return on equity	36.7%
Net Margin	78.1%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

We Take A Look At Why Rambus Inc.'s (NASDAQ:RMBS) CEO Compensation Is Well Earned

Apr 19

Rambus: Facing Competition And Lower Demand

Apr 15

There's Been No Shortage Of Growth Recently For Rambus' (NASDAQ:RMBS) Returns On Capital

Apr 03

Rambus Inc.'s (NASDAQ:RMBS) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Feb 21

Is Rambus Inc. (NASDAQ:RMBS) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 15

Revenue & Expenses Breakdown
Beta

How Rambus makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:RMBS Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 24	465	364	103	152
31 Dec 23	461	334	108	157
30 Sep 23	461	291	109	161
30 Jun 23	468	189	109	163
31 Mar 23	470	55	110	161
31 Dec 22	455	-14	106	159
30 Sep 22	424	-24	100	155
30 Jun 22	393	-21	96	151
31 Mar 22	357	-45	92	143
31 Dec 21	328	18	89	136
30 Sep 21	298	0	89	134
30 Jun 21	274	-16	87	132
31 Mar 21	251	-37	87	136
31 Dec 20	246	-40	86	140
30 Sep 20	248	-33	89	140
30 Jun 20	248	-38	95	148
31 Mar 20	245	-66	97	151
31 Dec 19	228	-86	97	157
30 Sep 19	233	-83	102	157
30 Jun 19	235	-170	100	159
31 Mar 19	233	-149	100	159
31 Dec 18	231	-158	98	158
30 Sep 18	265	-192	108	160
30 Jun 18	304	-80	110	153
31 Mar 18	342	-62	113	153
31 Dec 17	393	-23	111	149
30 Sep 17	389	10	104	148
30 Jun 17	379	7	105	146
31 Mar 17	361	8	99	137
31 Dec 16	337	7	95	130
30 Sep 16	316	23	87	117
30 Jun 16	300	201	77	111
31 Mar 16	296	204	73	111
31 Dec 15	296	211	71	111
30 Sep 15	292	206	72	114
30 Jun 15	287	30	72	113
31 Mar 15	291	28	74	112
31 Dec 14	297	26	75	110
30 Sep 14	298	9	85	108
30 Jun 14	302	-3	69	109
31 Mar 14	283	-16	73	112
31 Dec 13	272	-34	79	118
30 Sep 13	256	-40	69	124
30 Jun 13	240	-92	90	127

Quality Earnings: RMBS has a large one-off gain of $92.3M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: RMBS's current net profit margins (78.1%) are higher than last year (11.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RMBS has become profitable over the past 5 years, growing earnings by 81.7% per year.

Accelerating Growth: RMBS's earnings growth over the past year (558.7%) exceeds its 5-year average (81.7% per year).

Earnings vs Industry: RMBS earnings growth over the past year (558.7%) exceeded the Semiconductor industry -11%.

Rambus Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Rambus Inc. to Report Q1, 2024 Results on Apr 29, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Full year 2023 earnings: EPS exceeds analyst expectations

Rambus Inc. to Report Q4, 2023 Results on Feb 05, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Recent updates

Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Rambus Expands Chipset for Advanced Data Center Memory Modules with Ddr5 Server PMICs

We Take A Look At Why Rambus Inc.'s (NASDAQ:RMBS) CEO Compensation Is Well Earned

Rambus: Facing Competition And Lower Demand

Rambus Inc. to Report Q1, 2024 Results on Apr 29, 2024

There's Been No Shortage Of Growth Recently For Rambus' (NASDAQ:RMBS) Returns On Capital

Rambus Inc., Annual General Meeting, Apr 25, 2024

Senior VP & COO notifies of intention to sell stock

Investor sentiment improves as stock rises 15%

Full year 2023 earnings: EPS exceeds analyst expectations

Rambus Inc.'s (NASDAQ:RMBS) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Is Rambus Inc. (NASDAQ:RMBS) Expensive For A Reason? A Look At Its Intrinsic Value

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates increase by 35%, revenue downgraded

Now 22% overvalued

Senior VP & COO notifies of intention to sell stock

Rambus: Q4 Results Show More Improvements, But Share Price Still Too High

Full year 2023 earnings: EPS exceeds analyst expectations

Rambus Inc. to Report Q4, 2023 Results on Feb 05, 2024

Should You Think About Buying Rambus Inc. (NASDAQ:RMBS) Now?

Rambus Advances Data Center Server Performance with Industry-First Gen4 DDR5 RCD

Why Investors Shouldn't Be Surprised By Rambus Inc.'s (NASDAQ:RMBS) P/S

Price target increased by 7.1% to US$75.50

Senior VP of Finance & CFO notifies of intention to sell stock

Investor sentiment improves as stock rises 16%

Independent Director recently sold US$480k worth of stock

Independent Director notifies of intention to sell stock

Returns On Capital Are Showing Encouraging Signs At Rambus (NASDAQ:RMBS)

New major risk - Earnings quality

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Rambus Inc. to Report Q3, 2023 Results on Oct 30, 2023

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS).

Senior VP & COO recently sold US$952k worth of stock

Rambus Inc. Announces Full Suite of Security IP Solutions for the FPGA Market with Cryptographic, Side-Channel, and Quantum Safe Protections

Independent Director recently sold US$455k worth of stock

Independent Director notifies of intention to sell stock

Rambus Inc. Appoints John Allen as Chief Accounting Officer

Second quarter 2023 earnings: EPS exceeds analyst expectations

Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2023

Getting In Cheap On Rambus Inc. (NASDAQ:RMBS) Is Unlikely

Price target increased by 11% to US$70.50

Rambus Delivers Quantum Safe IP Solutions with Next-Generation Root of Trust for Data Center Security

Rambus Inc.(NasdaqGS:RMBS) dropped from Russell 2000 Value-Defensive Index

When Should You Buy Rambus Inc. (NASDAQ:RMBS)?

Rambus (NASDAQ:RMBS) Is Doing The Right Things To Multiply Its Share Price

Price target increased by 10% to US$63.33

Estimating The Intrinsic Value Of Rambus Inc. (NASDAQ:RMBS)

Price target increased by 7.7% to US$60.83

Insufficient new directors

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CEO, President & Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

Rambus (NASDAQ:RMBS) Has A Rock Solid Balance Sheet

CEO, President & Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

Returns At Rambus (NASDAQ:RMBS) Are On The Way Up

Independent Director recently sold US$131k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Rambus Inc. Provides Earnings Guidance for the First Quarter of 2023

Price target increased by 18% to US$46.40

Price target increased to US$39.40

Rambus (NASDAQ:RMBS) Could Easily Take On More Debt

Independent Director exercised options and sold US$363k worth of stock

Senior VP & COO recently sold US$2.0m worth of stock

Rambus (NASDAQ:RMBS) Has More To Do To Multiply In Value Going Forward

Revenue & Expenses Breakdown
Beta