Rambus (NASDAQ:RMBS) is scheduled to announce Q1 earnings results on Monday, April 29th, after market close.

The consensus EPS Estimate is $0.44 (+1366.7% Y/Y) and the consensus Revenue Estimate is $135.09M (+18.7% Y/Y).

Rambus GAAP EPS of $0.33, revenue of $132.14M

The Company will discuss its full revenue guidance for the second quarter of 2024 during its upcoming conference call.

As we have reported historically, licensing billings closely correlates with what we had historically reported as royalty revenue under ASC 605. Under ASC 606, we expect revenue in the third quarter to be between $144 million and $150 million...

For non-GAAP interest and other income and expense, we expect $4 million of interest income. We expect the pro forma tax rate to be approximately 22%, with non-GAAP taxes expected to be between an expense of $15 million and $17 million in Q3. We expect Q3 share count to be 109 million diluted shares outstanding. Overall, we anticipate the Q3 non-GAAP earnings per share range between $0.47 and $0.54.

It may not be apples to apples accounting...