Netlist, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 01, 2022
March 01, 2022 at 09:00 am EST
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Netlist, Inc. reported earnings results for the fourth quarter and full year ended January 01, 2022. For the fourth quarter, the company reported revenue was USD 36.35 million compared to USD 11.49 million a year ago. Net loss was USD 8.22 million compared to USD 1.77 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
For the full year, revenue was USD 142.36 million compared to USD 47.23 million a year ago. Net income was USD 4.83 million compared to net loss of USD 7.27 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
Netlist, Inc. provides memory solutions to enterprise customers in diverse industries. The Companyâs products, in various capacities and form factors, including its line of custom and specialty memory products, bring performance to customers in a variety of industries globally. It also licenses its intellectual property. The Companyâs commercially available memory subsystem products and other products that it sells include Component and Other Product Resales and Specialty DIMMs and Embedded Flash. Its portfolio of technologies and design techniques includes Distributed Buffer Architecture; Localized Module-Based Power Management Architecture; Proprietary PCB Designs; Thermal Management Designs; Compute Express Link Technology, and others. Its distributed buffer architecture enables the buffering of data signals using multiple data buffer devices distributed between a memory moduleâs edge connector and its installed dynamic random-access memory (DRAM).
NETLIST, INC. 
