Netlist reports Q3 EPS (2c) vs. (4c) last year

Reports Q3 revenue $42.2M vs. $40.2M last year. “Third quarter performance reflects strong demand for DDR5 memory and reduced operating expenses.” said Chief Executive Officer, C.K. Hong. “Netlist (NLST) is well positioned to capitalize on the transition to next generation memory through its product offering and its IP assets including new patents covering DDR5 and HBM. In September, we took action before the U.S. International Trade Commission seeking remedial orders that direct U.S. Customs and Border Protection to stop Samsung memory products that infringe on Netlist’s intellectual property from entering the country.”