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Stock impact report

Netlist Reports Third Quarter 2018 Results

NETLIST INC (NLST) 
Last netlist inc earnings: 11/4 09:00 am Check Earnings Report
Company Research Source: PR Newswire
IRVINE, Calif., Nov. 8, 2018 /PRNewswire/ -- Netlist, Inc. (OCTQX: NLST) today reported financial results for the third quarter ended September 29, 2018. Revenues for the third quarter ended September 29, 2018 were $7.2 million, compared to revenues of $9.0 million for the quarter ended September 30, 2017.  Gross profit for the quarter ended September 29, 2018 was $0.6 million, or 8.1% of revenues, compared to a gross profit of $0.7 million, or 8.0% of revenues, for the quarter ended September 30, 2017.  GAAP net loss for the third quarter ended September 29, 2018 was ($4.6) million, or ($0.04) loss per share, compared to a GAAP net loss in the prior year period of ($3.1) million, or ($0.05) loss per share.  These results include stock-based compensation expense of $0.2 million and $0.3 million for the quarters ended September 29, 2018 and September 30, 2017, respectively.As of September 29, 2018, cash, cash equivalents and restricted cash were $19.4 million, total assets were $28.8 m Show less Read more
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