Netlist (NLST) Misses Q1 EPS by 1c

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Netlist Reports First Quarter 2016 Results

May 17, 2016 4:30 PM EDT

IRVINE, Calif., May 17, 2016 /PRNewswire/ -- Netlist, Inc. (NASDAQ: NLST), a leading provider of high performance memory solutions for the cloud computing and storage markets, today reported financial results for the first quarter ended April 2, 2016. 

Revenues for the quarter ended April 2, 2016, were $4.6 million, up 118% from revenues of $2.1 million for the quarter ended March 28, 2015.  Gross profit for the quarter ended April 2, 2016, was $3.5... More