IRVINE, CA / ACCESSWIRE / December 4, 2024 / Netlist, Inc. (OTCQB:NLST) today announced the entry of a Final Judgment in the case of Netlist v. Samsung Electronics Co. LTD.
Netlist (NLST) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
The $118 million damages award compensates NLST for Samsung's unauthorized use of its patented technology.
IRVINE, CA / ACCESSWIRE / November 25, 2024 / Netlist, Inc. (OTCQB:NLST) today announced that it won a $118 million damages award against Samsung Electronics Co., LTD., Samsung Electronics America, Inc., and Samsung Semiconductor, Inc. (together "Samsung") in the United States District Court for the Eastern District of Texas.
IRVINE, CA / ACCESSWIRE / November 12, 2024 / Netlist, Inc. (OTCQB:NLST) today announced the Company will participate in the 13th Annual Roth Technology Conference. Netlist will participate in 1-on-1 meetings on November 19th and 20th.
Netlist, Inc. (OTCQB:NLST) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Michael Smargiassi - IR Chuck Hong - CEO Gail Sasaki - CFO Conference Call Participants Suji Desilva - Roth Capital Operator Good afternoon, and welcome to the Netlist Third Quarter 2024 Earnings Conference Call and Webcast. All participants will be in listen-only mode.
Netlist, Inc. (NLST) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.07 per share a year ago.
IRVINE, CA / ACCESSWIRE / October 29, 2024 / Netlist, Inc. (OTCQB:NLST) today reported financial results for the third quarter ended September 28, 2024. Recent Highlights: Net sales for the third quarter of 2024 increased by 140% to $40.2 million compared to $16.7 million from the same quarter one year ago.
IRVINE, CA / ACCESSWIRE / October 22, 2024 / Netlist, Inc. (OTCQB:NLST) announced today that it will report its financial results for the third quarter ended September 28, 2024, before 9:30 a.m. Eastern Time on Tuesday, October 29, 2024.
IRVINE, CA / ACCESSWIRE / October 11, 2024 / Netlist, Inc. (OTCQB:NLST) today announced that it has entered into a definitive agreement for the purchase and sale of an aggregate of 13,636,364 shares of its common stock, Series A Warrants to purchase 13,636,364 shares of common stock, and Series B Warrants to purchase 13,636,364 shares of common stock. For each share of common stock purchased, investors will receive a Series A Warrant to purchase up to one share of common stock and a Series B Warrant to purchase up to one share of common stock.
Netlist's survival hinges on receiving settlement payments before running out of cash, making it a highly speculative but potentially high reward play. Despite high legal expenses, NLST has a cash runway of 6-8 months in a conservative case, and up to 12-14 months if they secure additional credit or equity. There are some signs of growth this year, with 2024 YTD revenue increasing to $64.6 million from $15.5 million last year. Nonetheless, margins are too thin due to legal expenses.
Netlist, Inc. (OTCQB:NLST) Q2 2024 Earnings Conference Call July 30, 2024 ET Company Participants Michael Smargiassi - IR Chuck Hong - President and CEO Gail Sasaki - EVP and CFO Conference Call Participants Suji Desilva - ROTH Capital Operator Good day and welcome to the Netlist Second Quarter 2024 Earnings Conference Call and Webcast. All participants will be in a listen-only mode.