RMBS plunges after Q3 profit misses on spike in tax bill

Rambus

28/10/2025 09:10

** Shares of semiconductor licenser Rambus Inc RMBS.O fall 17.5% to $93.76 premarket 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 the third quarter beats estimates

** YTD, stock has more than doubled in value vs a 44% gain in the Philadelphia semiconductor index .SOX

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))