Rambus Inc. (RMBS) Tuesday said it now expects third quarter revenues to be in the range of $27 million to $28 million. Rambus previously estimated revenue in the range of $22 million to $25 million.
Adjusted operating expenses for the quarter, excluding stock-based compensation expenses and any stock-based compensation restatement expenses or benefits, are expected to be between $41 million and $44 million, due to a delay in litigation-related spending and lower engineering expenses. Rambus' previous guidance for adjusted operating expenses, excluding stock-based compensation expenses and any stock-based compensation restatement expenses or benefits, was in the range of $44 million to $49 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.