Netlist, Inc. Reports Earnings Results for the Second Quarter Ended July 3, 2021
August 03, 2021 at 08:54 am EDT
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Netlist, Inc. announced earnings results for the second quarter ended July 3, 2021. For the second quarter, the company announced total revenue was USD 64.363 million compared to USD 10.906 million a year ago. Operating income was USD 33.876 million compared to operating loss of USD 1.677 million a year ago. Net income was USD 27.776 million compared to net loss of USD 1.830 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to diluted loss per share from continuing operations of USD 0.01 a year ago. For the half year, total revenue was USD 79.260 million compared to USD 25.537 million a year ago. Operating income was USD 30.009 million compared to operating loss of USD 3.068 million a year ago. Net income was USD 23.759 million compared to net loss of USD 3.372 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.02 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. 
