Netlist (NLST) Projected to Post Earnings on Thursday

Netlist (OTCMKTS:NLST - Get Free Report) is expected to be announcing its Q4 2024 earnings results before the market opens on Thursday, April 24th. Analysts expect Netlist to post earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist (OTCMKTS:NLST - Get Free Report) last issued its earnings results on Thursday, March 27th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.02). The business had revenue of $30.00 million during the quarter, compared to analysts' expectations of $30.00 million. Netlist had a negative return on equity of 852.20% and a negative net margin of 37.19%. On average, analysts expect Netlist to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Netlist Stock Down 2.9 %

Shares of OTCMKTS NLST traded down $0.03 during trading on Monday, reaching $0.86. 208,606 shares of the company traded hands, compared to its average volume of 646,599. The firm has a 50 day simple moving average of $0.90 and a 200-day simple moving average of $0.91. Netlist has a 52-week low of $0.63 and a 52-week high of $2.97. The stock has a market capitalization of $236.13 million, a PE ratio of -3.91 and a beta of 0.82.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Netlist from a "hold" rating to a "sell" rating in a research note on Wednesday, January 15th.

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.