earnings
confidence high
sentiment neutral
materiality 0.60
Netlist Q1 revenue triples to $50.2M; net loss widens to $5.9M
NETLIST INC
2022-Q1 EPS reported
-$0.03
revenue$50,200,000
- Revenue $50.2M vs $14.9M YoY (237% increase); gross profit $3.4M vs $1.5M.
- Net loss ($5.9M) or ($0.03) per share vs ($4.0M) or ($0.02) in prior year.
- Cash equivalents $58.3M; working capital $48.7M; total debt $5.1M.
- Stock-based compensation $0.7M in Q1 2022 vs $0.3M in Q1 2021.
- CEO cites targeted investments in sales, marketing, R&D; positioned for growth.