Welcome to our dedicated page for Netlist news (Ticker: NLST), a resource for investors and traders seeking the latest updates and insights on Netlist stock.
Netlist, Inc. (NLST) is a semiconductor and related device manufacturing company that focuses on advanced memory and storage technologies. Its press releases emphasize a portfolio of patented inventions that the company describes as foundational to AI computing, particularly in connection with DDR5 memory modules and high-bandwidth memory (HBM). The NLST news feed on Stock Titan aggregates these company-issued updates and related coverage.
Investors following NLST news can see announcements about quarterly financial results, where Netlist reports net sales, gross profit, operating expenses, and commentary on demand for DDR5 memory modules for AI and data center applications. These releases also detail research and development spending and intellectual property legal fees, providing insight into how the company balances technology development with patent enforcement activities.
Another central theme in Netlist’s news is its intellectual property strategy. The company regularly reports on patent litigation and proceedings before the U.S. International Trade Commission and U.S. district courts. Recent items include ITC complaints seeking exclusion and cease and desist orders against certain Samsung memory products, Federal Circuit decisions affirming the validity of Netlist patents, and new infringement actions involving DDR5-related patents.
Netlist also uses news releases to communicate capital markets and corporate actions, such as registered direct offerings of common stock and warrants, and scheduling of earnings conference calls. Readers who track NLST news can use this page to monitor developments in Netlist’s financial disclosures, patent enforcement efforts, and corporate transactions over time.
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.
Netlist, Inc. (OTCQB:NLST) will announce its third quarter financial results for the period ending October 2, 2021, on November 2, 2021, at 9:30 a.m. ET. The company will conduct a conference call at 12:00 p.m. ET the same day. Participants are encouraged to pre-register to receive a unique PIN for easier access. A live webcast and archived replay will be available on Netlist's investor website. The company specializes in high-performance SSDs and modular memory subsystems for enterprise clients, focusing on innovation in storage solutions.
Netlist, Inc. (OTCQB: NLST) achieved a significant legal victory against Samsung, with the Central District Court of California granting summary judgment in favor of Netlist for material breach of their Joint Development and License Agreement (JDLA) from November 2015. The court's ruling terminates Samsung's license to Netlist's patent portfolio. A trial to determine direct damages from the breach is set to begin on November 30, 2021.
Netlist, Inc. (OTCQB:NLST) reported strong financial results for Q2 2021, with revenues of $64.4 million, a 123% increase quarter-over-quarter. This included $40 million in licensing fees and $24.4 million in product revenue, marking a 64% year-over-year growth. The company achieved a net income of $27.8 million, or $0.13 per share, rebounding from a net loss of ($1.8) million in the same period last year. As of July 3, 2021, Netlist had $54.4 million in cash and $35.9 million in stockholders' equity, positioning itself for further investments.
Netlist, Inc. (NLST) will announce its financial results for Q2 2021 on August 3, 2021, at 9:30 a.m. ET. A conference call is scheduled for the same day at 12:00 p.m. ET. Netlist encourages participants to pre-register for the call to receive a unique PIN for easy access. If not pre-registered, participants can join by dialing +1 (412) 317-5443. The call will be available as a live webcast and archived replay on Netlist's investor website. The company specializes in high-performance SSDs and modular memory subsystems, catering to diverse enterprise sectors.
Netlist, Inc. (OTCQB:NLST) announced its Q1 2021 financial results, reporting net sales of $14.9 million, up from $14.6 million in Q1 2020. However, gross profit decreased to $1.5 million (10.1% of net sales) from $2.1 million (14.4% of net sales) year-over-year. The company incurred a net loss of $4.0 million compared to a loss of $1.5 million in the prior year. As of April 3, 2021, cash, cash equivalents, and restricted cash totaled $26.5 million. Product revenue grew by 30% sequentially, attributed to strong sales momentum and demand.