Netlist Q3 revenue up 140% to $40.2M; secures final $303M damages award vs Samsung

NETLIST INC

2024-Q3 EPS reported -$0.16 revenue$112,828,000

Revenue $40.2M (+140% YoY); net loss improved to ($9.4M) from ($17.3M); EPS ($0.04) vs ($0.07).
Court finalized $303M damages award against Samsung for willful patent infringement; case closed in ED Texas.
Raised $15M post-quarter, cash and restricted cash $29.8M; working capital deficit ($9.7M).
Upcoming second patent infringement jury trial against Samsung in EDTX.
Nine-month revenue $112.8M vs $35.8M; net loss ($41.2M) vs ($47.2M) prior year.

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