Rambus, Inc. (NASDAQ:RMBS) shares were down after the company reported mixed first-quarter results after Monday’s closing bell.
Here’s a look at the details inside the report.
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Q1 Details
Rambus reported quarterly earnings of 63 cents per share, which missed the consensus estimate of 64 cents.
Quarterly revenue came in at $180.19 million, which beat the Street estimate of $177.93 million, according to Benzinga Pro data.
“Rambus opened 2026 with a solid first quarter, delivering financial results in line with guidance and generating strong cash from operations,” said Luc Seraphin, president and CEO of Rambus.
“The growth of AI inference and agentic workloads in the data center continues to drive demand for higher memory bandwidth, efficient data movement and scalable connectivity,” Seraphin added.
Outlook
Rambus sees second-quarter revenue in a range of $190 million to $208 million, versus the $196.21 million analyst estimate.
RMBS Stock Price: According to data from Benzinga Pro, Rambus stock was down 10.48% to $126.50 in Monday’s extended trading.
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