Rambus sees Q3 licensed billings $60M-$66M, royalty revenue $59M-$65M

Sees Q3 product revenue $62M-$68M, contract and other revenue $17M-$23M. The company also expects operating costs and expenses to be between $97M-$93M. Additionally, the company expects non-GAAP operating costs and expenses to be between $82M-$78M. These expectations also assume a tax rate of 22% and a diluted share count of 109 million, and exclude stock-based compensation expense of $12M and amortization of acquired intangible assets of $3M.