Netlist (NLST) to Release Quarterly Earnings on Tuesday

Netlist (OTCMKTS:NLST) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Stock Up 4.0 %

OTCMKTS NLST opened at $0.69 on Friday. The firm has a market capitalization of $188.78 million, a PE ratio of -3.15 and a beta of 1.11. The stock’s 50 day moving average is $0.78 and its 200 day moving average is $1.00. Netlist has a twelve month low of $0.63 and a twelve month high of $2.97.

Wall Street Analysts Forecast Growth

NLST has been the subject of a number of analyst reports. StockNews.com lowered Netlist from a “hold” rating to a “sell” rating in a research report on Wednesday, January 15th. Roth Mkm cut their target price on Netlist from $4.00 to $2.00 and set a “buy” rating on the stock 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.