Netlist Stock Price, News & Analysis

Netlist (OTCQB:NLST) has announced it will release its financial results for the first quarter ended April 2, 2022, on May 2, 2022, before 9:30 a.m. Eastern Time. A conference call will follow at 11:00 a.m. Eastern Time the same day, with options to pre-register or join via phone. The company's offerings include high-performance solid state drives and modular memory solutions for enterprise customers. For further details, visit Netlist's website.

Netlist (OTCQB:NLST) will participate in the 34th Annual Roth Conference on March 15, 2022, featuring a fireside chat at 9 a.m. PT. The event will be accessible via a live webcast on their investor website. Additionally, Netlist is open for 1-on-1 meetings on the same day for interested investors.

Netlist specializes in high-performance solid-state drives and modular memory solutions for various industries. The company is also noted for licensing its intellectual property in server and storage memory technologies.

Netlist reported significant financial growth for the year ending January 1, 2022. Revenue surged 201% to $142.4 million, driven by product sales of $102.4 million and licensing fees of $40 million. Gross profit skyrocketed by 626% to $48.9 million, reflecting a gross margin of 34.3%. The company achieved a net income of $4.8 million or $0.02 per share, a sharp recovery from a net loss of $7.3 million the previous year. Despite a fourth-quarter net loss of $8.2 million, the overall financial results mark a strong performance, with improved working capital and a solid cash position.

Netlist, Inc. (OTCQB:NLST) will release its financial results for the fourth quarter and full year ending January 1, 2022, on March 1, 2022, before 9:30 a.m. ET. A conference call is scheduled for the same day at 12:00 p.m. ET, encouraging pre-registration for immediate access. Netlist specializes in high-performance solid-state drives and modular memory solutions, serving enterprise customers in various sectors. The company also licenses its intellectual property related to server memory and hybrid memory.

Netlist has launched its N1563 Series PCIe Gen4 NVMe™ SSDs, expanding its product line with enhanced performance and security features for enterprise and cloud applications. The new SSDs utilize 176-layer 3D TLC NAND technology, offering a performance boost of up to 2X sequential speeds and 67% improvements in random read/write workloads. Available in capacities from 1.6TB to 7.68TB, the N1563 provides 30% lower latency and exceptional endurance features. Fast delivery times of <2 to 4 weeks are promised to meet high demand.

Netlist (OTCQB:NLST) will participate in the 24th Annual Needham Virtual Growth Conference from January 10-14, 2022. The company will have 1-on-1 meetings scheduled for January 10th and 11th. Investors interested in meeting with Netlist should contact their Needham representatives. Netlist specializes in high-performance solid-state drives and modular memory solutions, catering to various enterprise customers. The company also licenses its portfolio of intellectual property in memory and storage technologies.

Netlist, Inc. (OTCQB:NLST) reported on December 7, 2021, that a jury trial against Samsung concluded without awarding the $2.5 million in direct damages sought by Netlist. However, the Court previously issued a summary judgment favoring Netlist, confirming Samsung's breach of the Joint Development and License Agreement (JDLA) and invalidating its license to Netlist's patents. This ruling could compel Samsung to negotiate a new licensing agreement. The case is now progressing to the post-trial phase over the upcoming months.

Netlist (OTCQB:NLST) will participate in the 10th Annual Roth Technology Virtual Event on November 17-18, 2021. The Company plans to hold 1-on-1 meetings on November 17, allowing investors to connect with representatives. Known for its high-performance solid state drives and modular memory solutions, Netlist targets enterprise customers across various sectors. The Company also licenses its intellectual property in server memory and storage class memory technologies. For inquiries, investors can contact Mike Smargiassi at The Plunkett Group.

Netlist, Inc. (OTCQB:NLST) reported third-quarter financial results for the period ending October 2, 2021. Revenue reached $26.7 million, a significant 162% increase year-over-year. However, the company faced a net loss of ($10.7 million), compared to a loss of ($2.1 million) in the prior year. As of the report date, cash and equivalents stood at $73.2 million, while total debt was $21.2 million. A recent legal victory against Samsung was noted, with upcoming hearings against Google scheduled for November 10.