Netlist (NLST) Expected to Announce Quarterly Earnings on Tuesday

Netlist (OTCMKTS:NLST) is expected to be releasing its earnings data after the market closes on Tuesday, February 25th. Analysts expect Netlist to post earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Trading Down 2.7 %

Shares of Netlist stock opened at $0.68 on Monday. The firm has a market cap of $183.61 million, a PE ratio of -3.07 and a beta of 1.11. Netlist has a 12 month low of $0.63 and a 12 month high of $2.97. The stock has a 50 day moving average of $0.77 and a 200 day moving average of $0.99.

Analyst Upgrades and Downgrades

NLST has been the subject of several analyst reports. Roth Mkm lowered their price objective on Netlist from $4.00 to $2.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. StockNews.com downgraded Netlist from a “hold” rating to a “sell” rating in a report on Wednesday, January 15th.

Netlist Company Profile

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.