Netlist (NLST) to Release Quarterly Earnings on Tuesday

Netlist (OTCMKTS:NLST - Get Free Report) is expected to be posting its quarterly earnings results on Tuesday, February 11th. Analysts expect Netlist to post earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Price Performance

Netlist stock traded down $0.01 during mid-day trading on Thursday, reaching $0.65. 509,639 shares of the company traded hands, compared to its average volume of 535,590. Netlist has a fifty-two week low of $0.63 and a fifty-two week high of $2.97. The firm's fifty day moving average is $0.85 and its two-hundred day moving average is $1.06. The company has a market capitalization of $175.45 million, a price-to-earnings ratio of -2.93 and a beta of 1.11.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. StockNews.com lowered Netlist from a "hold" rating to a "sell" rating in a research note on Wednesday, January 15th. Roth Mkm reduced their price objective on Netlist from $4.00 to $2.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th.

Netlist Company Profile

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.