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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.