Netlist (NLST) Reports In-Line Q3 EPS

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Go back to Netlist (NLST) Reports In-Line Q3 EPS

Netlist Reports Third Quarter 2017 Results

November 1, 2017 4:15 PM EDT

IRVINE, Calif., Nov. 1, 2017 /PRNewswire/ -- Netlist, Inc. (NASDAQ: NLST) today reported financial results for the third quarter ended September 30, 2017.

Revenues for the third quarter ended September 30, 2017, were $9.0 million, compared to revenues of $2.6 million for the quarter ended October 1, 2016, an increase of 248%.  Gross profit for the quarter ended September 30, 2017, was $0.7 million, or 8.0% of revenues, compared to a gross profit of $9,000, or 0.3% of revenues, for the quarter ended October 1, 2016.  

Net loss for the third quarter ended September 30, 2017, was ($3.1) million, or ($0.05) loss per share, compared to a net loss in the prior year... More