Netlist Stock Price, News & Analysis

Netlist, Inc. (OTCQB:NLST) announced its participation in two upcoming virtual investor conferences: the Arete Tech Conference 2021 on March 4, 2021, and the 33rd Annual ROTH Conference on March 16, 2021. Investors interested in attending should contact their respective representatives. Netlist specializes in high-performance SSDs and memory subsystems, with products designed for various industries. The company also holds multiple patents concerning memory and storage technologies.

Netlist, Inc. (OTCQB:NLST) announced its financial results for the year ending January 2, 2021, reporting net sales of $47.2 million, a significant increase from $26.1 million in 2019. Gross profit rose to $6.7 million (14.3% of net sales) compared to $2.6 million (9.8%). The net loss for the year was ($7.3) million or ($0.04 per share, down from ($12.5) million and ($0.08 per share in 2019. In Q4 2020, net sales were $11.5 million with a gross profit of $1.5 million (12.7%).

Netlist, Inc. (OTCQB:NLST) announced that the U.S. Court of Appeals for the Federal Circuit denied SK hynix's petition to change the venue for their patent infringement case. The court upheld the prior ruling that the case will proceed in the U.S. District Court for the Western District of Texas. The jury trial is scheduled for July 6, 2021. CEO C.K. Hong expressed satisfaction with the ruling, emphasizing that it ensures due process and a timely resolution to the case.

Netlist, Inc. (OTCQB:NLST) is set to report its financial results for the fourth quarter and full-year ended January 2, 2020, on March 1, 2021, post market close. A conference call will follow at 5:00 p.m. ET, where participants can pre-register for immediate access. Netlist specializes in high-performance SSDs and modular memory subsystems, with notable products like the HybriDIMM for real-time analytics and various patented technologies in the memory domain. For details, visit www.netlist.com.

Netlist (OTCQB:NLST) announced a collaboration with Celestica and Violin to showcase its 3.84TB U.2 NVMe SSDs at the SuperComputing 2020 conference from November 9 to 19, 2020. This partnership highlights the QV2020 storage platform, combining Celestica's Athena+ NVMe technology with Violin's software-defined storage and Netlist's SSDs. The integrated solution targets demanding workloads, aiming to deliver high performance at an affordable price. Representatives will engage with attendees via the Celestica virtual booth during the event.

Netlist, Inc. (OTCQB:NLST) will participate in the Roth Technology Virtual Event on November 11-12, 2020. The Company invites investors to join 1-on-1 meetings on November 12th by notifying their Roth representative. Netlist is known for its high-performance SSDs and modular memory solutions, including the HybriDIMM storage class memory, designed for demanding applications like Big Data and high-performance computing. The Company holds various patents related to memory technologies and is actively engaged in litigation concerning its intellectual property.

Netlist, Inc. (OTCQB:NLST) has announced the shipment of its next-generation NVMe™ SSDs, the high-performance N1952 and low-power N1552 series. Leveraging cost-effective 96-layer 3D NAND technology, these SSDs offer enhanced performance, data integrity, and security features. Key specifications include transfer speeds up to 6 GB/s, low power consumption under 8W, and compliance with TCG Opal for encryption. The company aims to provide supply chain flexibility, significantly reducing delivery lead times and supporting high-capacity drives, which is advantageous for various sectors such as healthcare and finance.

Netlist, Inc. (OTCQB:NLST) announced the expansion of its sales team with the appointments of Cameron Sinclair as Vice President of Sales and Tinh Ngo as Vice President of Marketing. Sinclair, with 15 years in the semiconductor industry, previously excelled at Virtium, building strong OEM relationships. Ngo brings 20 years of strategic marketing experience from Viking Technology and HGST. CEO C.K. Hong highlighted their expertise, emphasizing that these appointments enhance the company's sales and marketing capabilities. Netlist is known for its high-performance SSDs and memory products.

Netlist reported financial results for Q2 ended June 27, 2020, showing significant growth with net sales of $10.9 million, nearly double compared to $5.5 million in Q2 2019. Gross profit rose to $1.8 million (16.7% of net sales), up from $0.4 million (7.3%). The net loss narrowed to ($1.8) million from ($3.5) million year-over-year. As of June 27, 2020, cash and equivalents stood at $10.4 million, with total debt at $18.2 million. Notably, the company achieved a legal victory against Google, with the court affirming its '912 patent.