Netlist (NLST) Scheduled to Post Quarterly Earnings on Tuesday

Netlist (NASDAQ:NLST) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Netlist (NASDAQ:NLST) last released its earnings results on Wednesday, February 27th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). The business had revenue of $9.02 million during the quarter, compared to analyst estimates of $7.50 million.

Netlist stock opened at $0.36 on Monday. Netlist has a one year low of $0.10 and a one year high of $1.10.

In other Netlist news, CEO Chun K. Hong sold 150,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $0.55, for a total value of $82,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 12.90% of the stock is currently owned by company insiders.

Separately, Zacks Investment Research raised Netlist from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a report on Wednesday, February 13th.

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About Netlist

Netlist, Inc designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. It offers Hybri dual in-line memory module (DIMM), a storage class memory product, which unifies dynamic random access memory (DRAM)and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds.

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Earnings History for Netlist (NASDAQ:NLST)

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