Netlist (OTCMKTS:NLST) Posts Earnings Results, Misses Expectations By $0.02 EPS

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

Netlist Stock Performance

Shares of OTCMKTS:NLST opened at $1.27 on Friday. The company has a 50-day simple moving average of $1.51 and a 200-day simple moving average of $1.51. Netlist has a one year low of $1.00 and a one year high of $5.06. The stock has a market capitalization of $323.79 million, a price-to-earnings ratio of -5.08 and a beta of 0.91.

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.