Netlist (NLST) to Release Earnings on Tuesday

Netlist (OTCMKTS:NLST - Get Free Report) is anticipated to announce its earnings results on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Price Performance

Shares of Netlist stock traded up $0.05 during trading hours on Friday, hitting $0.70. The company's stock had a trading volume of 578,022 shares, compared to its average volume of 538,057. The company has a market capitalization of $189.05 million, a PE ratio of -3.16 and a beta of 1.11. The stock has a 50 day moving average of $0.84 and a 200 day moving average of $1.05. Netlist has a 12 month low of $0.63 and a 12 month high of $2.97.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on NLST shares. StockNews.com downgraded Netlist from a "hold" rating to a "sell" rating in a report on Wednesday, January 15th. Roth Mkm decreased their price target on shares of Netlist from $4.00 to $2.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th.

Netlist Company Profile

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.