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NLST — Netlist News Story

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Netlist Q4 net sales rise 121% driven by product and IP initiatives

Overview

Memory solutions provider's Q4 net sales rose 121% yr/yr

Q4 net loss improved by 82% compared to last year

Gross profit for Q4 increased 2,620% yr/yr

Outlook

Company did not provide specific financial guidance for future periods

Result Drivers

PRODUCT AND IP INITIATIVES - Co attributed improved financial performance to progress in product and IP initiatives, including appellate wins and expanded enforcement actions

R&D INVESTMENT - Co continues to invest in R&D for next-generation memory technologies, positioning for future growth

Company press release: ID:nACS64gqba

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$75.72 mln$44 mln (1 Analyst)
Q4 EPSMeet-$0.01-$0.01 (1 Analyst)
Q4 Net IncomeBeat-$2.25 mln-$3.50 mln (1 Analyst)
Q4 Operating IncomeBeat-$2.35 mln-$6.50 mln (1 Analyst)
Q4 Gross Profit$6.91 mln
Q4 Operating Expenses$9.26 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 $2.00, about 61.1% above its March 2 closing price of $1.24 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.)

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