Netlist Q2 revenue rises, swings to profit

Netlist

30/07/2026 12:53

Overview
US memory solutions firm's Q2 revenue rose 163% yr/yr
Company swung to Q2 net income from a loss a year earlier
Gross profit for Q2 surged 1,544% yr/yr

Outlook
Company did not provide specific guidance for the current quarter or full year in the press release

Result Drivers
AI MEMORY TECHNOLOGIES - Co said ongoing development of next-generation AI memory technologies contributed to results
IP PORTFOLIO DEFENSE - Co said it continues to defend its intellectual property portfolio, per CEO C.K. Hong

Company press release: ID:nPn9tJHhNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$109.85 mln
$90 mln (1 Analyst)
Q2 Net Income
Beat
$1.40 mln
-$1.20 mln (1 Analyst)
Q2 Operating Income
Beat
$1.34 mln
-$1.30 mln (1 Analyst)
Q2 Gross Profit
 
$22.88 mln
 
Q2 Operating Expenses
 
$21.54 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for Netlist Inc is $5.00, about 104.5% above its July 29 closing price of $2.45

Reuters Recommended Reads
July 27 - Rambus Q2 revenue rises 20%, beats analyst estimates
July 28 - Teradyne Q2 results beat on record memory sales; shares soar
July 29 - SK Hynix's record profit misses forecasts, shares slump 10% despite robust AI chip demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)