earnings
confidence high
sentiment neutral
materiality 0.65
Netlist Q2 revenue more than doubles to $55.4M, net loss of $5.0M
NETLIST INC
2022-Q2 EPS reported
-$0.05
revenue$105,558,000
- Net product sales $55.4M, up 127% from $24.4M in Q2 2021.
- Product gross profit $4.7M, up 62% from $2.9M YoY.
- Net loss of ($5.0M) or ($0.02) per share; prior-year net income was $27.8M.
- Cash and equivalents $60.6M; working capital $46.3M; total debt $8.2M.
- CEO cited stronger supply relationships and expanding customer base; IP enforcement advancing.