Netlist, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 01, 2023
August 01, 2023 at 08:30 am EDT
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Netlist, Inc. reported earnings results for the second quarter and six months ended July 01, 2023. For the second quarter, the company reported sales was USD 10.03 million compared to USD 55.36 million a year ago. Net loss was USD 14.03 million compared to USD 4.95 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.02 a year ago.
For the six months, sales was USD 19.05 million compared to USD 105.56 million a year ago. Net loss was USD 29.82 million compared to USD 10.82 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.05 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. 
