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RMBS plunges after Q3 profit miss on spike in tax bill

ReutersOct 28, 2025 2:13 PM

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

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