Netlist reports Q1 EPS (7c) vs. (7c) last year

Reports Q1 revenue $35.8M vs. $9M last year. “First quarter revenue improved nearly threefold and reflects the strong turnaround in the memory market from the year ago period,” said Chief Executive Officer, C.K. Hong. “We have received some disappointing Patent Trial Board decisions recently, specifically in regards to Netlist’s ‘912 patent which in the past 14 years has been validated through multiple reexams, PTAB reexam reviews, and upheld by the Federal Circuit. We will consider all options to redress these decisions and remain committed to defending Netlist’s intellectual property rights, and focused on the goal of fairly licensing our innovative technologies.”