Netlist (NLST) Projected to Post Earnings on Thursday

Netlist (OTCMKTS:NLST) is expected to be posting its quarterly 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) last issued its earnings results on Thursday, March 27th. The semiconductor company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The firm 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 1.1 %

Shares of NLST stock opened at $0.90 on Thursday. The firm has a market cap of $247.12 million, a price-to-earnings ratio of -4.09 and a beta of 0.82. Netlist has a 52-week low of $0.63 and a 52-week high of $2.97. The company’s 50 day moving average is $0.89 and its 200 day moving average is $0.92.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Netlist from a “hold” rating to a “sell” rating in a research report 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.