Netlist (NLST) Misses Q1 EPS by 3c, Revenues Beat

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Go back to Netlist (NLST) Misses Q1 EPS by 3c, Revenues Beat

Netlist Reports First Quarter 2018 Results

May 15, 2018 4:30 PM EDT

IRVINE, Calif., May 15, 2018 /PRNewswire/ -- Netlist, Inc. (Nasdaq: NLST) today reported financial results for the first quarter ended March 31, 2018.

Revenues for the first quarter ended March 31, 2018 were $8.9 million, compared to revenues of $9.4 million for the quarter ended April 1, 2017.  Gross profit for the quarter ended March 31, 2018 was $0.4 million, or 4.3% of revenues, compared to a gross profit of $0.7 million, or 7.2% of revenues, for the quarter ended April 1, 2017.  

GAAP net loss for the first quarter ended March 31, 2018 was ($4.7) million, or ($0.06) loss per share, compared to a net loss in the prior year period of... More