Netlist (OTCMKTS:NLST – Get Free Report) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Sunday.
Separately, Roth Mkm dropped their price objective on shares of Netlist from $4.00 to $2.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th.
Read Our Latest Stock Analysis on Netlist
Netlist Price Performance
Netlist (OTCMKTS:NLST – Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The semiconductor company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. The company had revenue of $40.19 million for the quarter, compared to analyst estimates of $38.00 million. Netlist had a negative return on equity of 480.98% and a negative net margin of 37.19%. On average, research analysts expect that Netlist will post -0.17 earnings per share for the current year.
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.
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