Netlist (OTCMKTS:NLST – Get Free Report) issued its earnings results on Tuesday. The semiconductor company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04, Zacks reports.
Netlist Stock Up 6.4%
Shares of NLST traded up $0.22 on Tuesday, reaching $3.67. The stock had a trading volume of 3,492,484 shares, compared to its average volume of 1,525,501. Netlist has a twelve month low of $0.45 and a twelve month high of $3.97. The firm has a market capitalization of $1.18 billion, a PE ratio of -45.88 and a beta of 1.33. The firm has a 50-day moving average of $1.76 and a 200 day moving average of $1.18.
Netlist Company Profile
Netlist, Inc is a technology company specializing in the design and development of high-performance memory and storage subsystems for enterprise and data center applications. The company’s product portfolio encompasses advanced memory modules, nonvolatile memory express (NVMe) solid-state drives and intelligent memory expansion systems. These solutions are engineered to boost memory density, bandwidth and overall system performance in hyperscale, cloud computing and high-performance computing environments.
Headquartered in Irvine, California, Netlist serves customers across the Americas and Asia through a combination of direct sales and channel distribution partners.
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