Netlist, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 08:30 am EDT
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Netlist, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 16.73 million compared to USD 34.42 million a year ago. Net loss was USD 17.34 million compared to USD 9.6 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.04 a year ago.
For the nine months, sales was USD 35.77 million compared to USD 139.98 million a year ago. Net loss was USD 47.16 million compared to USD 20.42 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to USD 0.09 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. 
