Netlist (NLST) to Release Quarterly Earnings on Tuesday

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

Netlist Price Performance

Shares of NLST opened at $0.68 on Friday. The company has a market capitalization of $183.61 million, a PE ratio of -3.07 and a beta of 1.11. Netlist has a one year low of $0.63 and a one year high of $2.97. The company’s fifty day moving average price is $0.77 and its 200 day moving average price is $1.00.

Analyst Upgrades and Downgrades

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

About Netlist

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.