Netlist (NLST) Posts Quarterly Results
Netlist (NASDAQ:NLST) released its earnings data on Tuesday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03, AnalystRatingsNetwork reports. The company had revenue of $4.90 million for the quarter, compared to the consensus estimate of $7.00 million.
Netlist (NASDAQ:NLST) traded down 5.22% during mid-day trading on Tuesday, hitting $1.27. The stock had a trading volume of 256,988 shares. Netlist has a 52 week low of $0.53 and a 52 week high of $2.41. The stock has a 50-day moving average of $1.24 and a 200-day moving average of $1.53. The company’s market cap is $52.7 million.
Netlist, Inc designs, manufactures and sells memory subsystems for the server, high performance computing and communications markets.
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