Netlist (OTCMKTS:NLST) Announces Earnings Results

Netlist (OTCMKTS:NLST) released its earnings results on Tuesday. The semiconductor company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01), reports. Netlist had a negative return on equity of 266.39% and a negative net margin of 50.76%. The business had revenue of $36.84 million during the quarter, compared to analysts’ expectations of $37.00 million.

Netlist Price Performance

NLST opened at $1.33 on Friday. The company’s 50 day simple moving average is $1.44 and its two-hundred day simple moving average is $1.52. Netlist has a 1-year low of $1.00 and a 1-year high of $3.83.

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.