Netlist Q2 2021 net income $27.8M ($0.13 EPS) vs prior-year loss; revenue $64.4M

NETLIST INC

2021-Q2 EPS reported $0.10 revenue$79,260,000

Revenue of $64.4M includes $40M licensing fees and $24.4M product revenue, up 123% QoQ and 64% sequentially.
Net income of $27.8M ($0.13 basic EPS) vs net loss of $1.8M ($0.01 loss) in Q2 2020.
Cash, cash equivalents and restricted cash $54.4M; working capital $35.2M; stockholders' equity $35.9M.
CEO cited record results from strong product sales and a comprehensive licensing agreement with SK hynix.
Stock-based compensation $0.4M in Q2 2021 vs $0.2M in year-ago quarter.

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