Netlist (OTCMKTS:NLST) Announces Quarterly Earnings Results

Netlist (OTCMKTS:NLST) announced its earnings results on Thursday. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02), reports. The company had revenue of $35.81 million for the quarter, compared to the consensus estimate of $35.00 million. Netlist had a negative net margin of 64.15% and a negative return on equity of 226.69%.

Netlist Trading Down 2.8 %

Shares of OTCMKTS NLST opened at $1.27 on Friday. The stock has a market capitalization of $323.79 million, a PE ratio of -5.08 and a beta of 0.91. The stock’s fifty day simple moving average is $1.51 and its two-hundred day simple moving average is $1.51. Netlist has a 12-month low of $1.00 and a 12-month high of $5.06.

About Netlist

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.