RMBS plunges after Q3 profit miss on spike in tax bill

Rambus

28/10/2025 14:13

Update

** Shares of semiconductor licenser Rambus Inc. RMBS.O fall 10.8% to $101.23 after Q3 profit misses estimates

** RMBS year-on-year profit for Q3 remains relatively flat due to higher taxes and costs

** Co's Q3 operating expenses increase 25% year-on-year

** RMBS misses profit estimates after beating expectations in the previous two quarters

** However, RMBS' revenue for third quarter beats estimates

** YTD, including session's move, stock is up 92% vs 44% gain in Philadelphia semiconductor index .SOX

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))