FY2024 Earnings Estimate for Netlist Issued By Roth Capital

Netlist, Inc. (OTCMKTS:NLST) – Roth Capital increased their FY2024 earnings per share estimates for Netlist in a research report issued to clients and investors on Tuesday, October 29th. Roth Capital analyst S. Desilva now anticipates that the semiconductor company will post earnings of ($0.17) per share for the year, up from their previous estimate of ($0.21). The consensus estimate for Netlist’s current full-year earnings is ($0.21) per share. Roth Capital also issued estimates for Netlist’s Q4 2024 earnings at ($0.03) EPS, Q1 2025 earnings at ($0.02) EPS, Q2 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.07) EPS.

A number of other research analysts have also weighed in on the company. StockNews.com lowered Netlist from a “hold” rating to a “sell” rating in a report on Monday, October 28th. Roth Mkm reduced their price objective on shares of Netlist from $4.00 to $2.00 and set a “buy” rating for the company in a research note on Wednesday.

Netlist Stock Up 2.4 %

Shares of OTCMKTS:NLST opened at $1.08 on Friday. The company has a 50-day moving average price of $1.12 and a two-hundred day moving average price of $1.31. Netlist has a twelve month low of $0.83 and a twelve month high of $2.97. The firm has a market capitalization of $292.23 million, a PE ratio of -4.89 and a beta of 1.05.

Netlist (OTCMKTS:NLST) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Netlist had a negative return on equity of 480.98% and a negative net margin of 37.19%. The firm had revenue of $36.84 million for the quarter, compared to the consensus estimate of $37.00 million.

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.