Roth Capital Research Analysts Reduce Earnings Estimates for Netlist, Inc. (OTCMKTS:NLST)
Roth Capital Research analysts have reduced their earnings estimates for Netlist, Inc. (OTCMKTS:NLST). The semiconductor company is expected to post earnings of ($0.05) per share for Q3 2024, down from the previous estimate of ($0.03). The consensus estimate for the full-year earnings is ($0.17) per share. Roth Capital also issued estimates for Q4 2024 and Q2 2025 earnings. Netlist's stock price has declined by 2.5%.
Netlist, Inc. (OTCMKTS:NLST - Free Report) - Roth Capital dropped their Q3 2024 earnings per share estimates for Netlist in a research report issued to clients and investors on Tuesday, July 30th. Roth Capital analyst S. Desilva now anticipates that the semiconductor company will post earnings of ($0.05) per share for the quarter, down from their previous estimate of ($0.03). The consensus estimate for Netlist's current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for Netlist's Q4 2024 earnings at ($0.05) EPS, FY2024 earnings at ($0.21) EPS and Q2 2025 earnings at ($0.03) EPS.
Netlist (OTCMKTS:NLST - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.01). Netlist had a negative net margin of 50.76% and a negative return on equity of 266.39%. The firm had revenue of $36.84 million during the quarter, compared to the consensus estimate of $37.00 million.
Netlist Stock Down 2.5 %
Shares of OTCMKTS NLST traded down $0.03 during mid-day trading on Friday, hitting $1.33. The stock had a trading volume of 913,844 shares, compared to its average volume of 358,518. Netlist has a 1 year low of $1.00 and a 1 year high of $3.83. The business has a 50 day moving average price of $1.44 and a two-hundred day moving average price of $1.52.
Netlist Company Profile
(Get Free Report)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.
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