earnings
confidence high
sentiment neutral
materiality 0.50
Netlist Q1 2025: revenue $29.0M (down 19% YoY), net loss $9.5M narrows from $17.0M
NETLIST INC
2025-Q1 EPS reported
-$0.03
revenue$28,975,000
- Net sales $29.0M vs $35.8M in Q1 2024; gross profit $1.3M up from $0.7M.
- Operating expenses down 39% to $11.1M; net loss $0.03 per share vs $0.07 loss last year.
- Cash, cash equivalents and restricted cash $25.6M; working capital deficit $15.0M.
- CEO C.K. Hong cites AI-driven memory market transition to HBM and DDR5 as growth catalyst.
- Stock-based compensation was $1.0M in Q1 2025 vs $1.4M in Q1 2024.