Netlist (NLST) Posts Earnings Results, Misses Estimates By $0.01 EPS

Share on StockTwits

Netlist (NASDAQ:NLST) released its quarterly earnings results on Thursday. The semiconductor company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01), reports. The company had revenue of $7.20 million for the quarter, compared to the consensus estimate of $8.90 million.

NASDAQ NLST traded down $0.06 during trading hours on Friday, reaching $0.39. 1,249,934 shares of the company were exchanged, compared to its average volume of 4,536,808. Netlist has a 1 year low of $0.10 and a 1 year high of $1.10.

Separately, Zacks Investment Research lowered shares of Netlist from a “hold” rating to a “sell” rating in a research report on Wednesday, August 22nd.

COPYRIGHT VIOLATION NOTICE: “Netlist (NLST) Posts Earnings Results, Misses Estimates By $0.01 EPS” was first published by Macon Daily and is owned by of Macon Daily. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The original version of this news story can be read at

Netlist Company Profile

Netlist, Inc designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. It offers Hybri dual in-line memory module (DIMM), a storage class memory product, which unifies dynamic random access memory (DRAM)and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds.

Read More: Balance Sheet

Earnings History for Netlist (NASDAQ:NLST)

Receive News & Ratings for Netlist Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netlist and related companies with's FREE daily email newsletter.

Leave a Reply