Netlist (NLST) Projected to Post Earnings on Thursday

Netlist (OTCMKTS:NLST) is projected to announce its earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist (OTCMKTS:NLST) last released its quarterly earnings results on Thursday, March 27th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 Price Performance

Shares of Netlist stock opened at $0.90 on Thursday. Netlist has a 1-year low of $0.63 and a 1-year high of $2.97. The company’s fifty day simple moving average is $0.89 and its 200-day simple moving average is $0.92. The stock has a market capitalization of $247.12 million, a PE ratio of -4.09 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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.