Netlist Q3 net sales $16.7M, down 51% YoY; net loss widens to $17.3M

NETLIST INC

2023-Q3 EPS reported -$0.20 revenue$35,772,000

Net sales $16.7M vs $34.4M in Q3 2022; product revenue up 67% sequentially.
Gross profit $0.4M vs $2.2M; net loss ($17.3M) or ($0.07) per share vs ($9.6M) loss.
Cash and equivalents $50.6M; total assets $68.2M; working capital $34.5M.
Management highlights DDR5 transition and AI memory demand; patent trial vs Micron set for January.
Samsung contract case remanded to district court after split appeals ruling.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

NETLIST INC reported third quarter ended September 30, 2023 results: revenue $16.7 million, net income ($17.3) million, EPS ($0.07) per share.

Period: third quarter ended September 30, 2023
Revenue: $16.7 million
Net income: ($17.3) million
EPS: ($0.07) per share
Result: reported results

Exact text from the filing

court. Netlist looks forward to having an opportunity to bring forth all the evidence supporting its position.” Net sales for the third quarter ended September 30, 2023 were $16.7 million, compared to net sales of $34.4 million for the third quarter ended October 1, 2022. Gross profit for the third quarter ended September 30, 2023 was $0.4 million, compared to a

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NETLIST INC filing history →

Source: SEC EDGAR

accession 0001104659-23-112768

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