Roth Capital Research Analysts Reduce Earnings Estimates for Netlist, Inc. (OTCMKTS:NLST)

Netlist, Inc. (OTCMKTS:NLST - Free Report) - Roth Capital dropped their Q3 2024 earnings per share estimates for Netlist in a research report issued to clients and investors on Tuesday, July 30th. Roth Capital analyst S. Desilva now anticipates that the semiconductor company will post earnings of ($0.05) per share for the quarter, down from their previous estimate of ($0.03). The consensus estimate for Netlist's current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for Netlist's Q4 2024 earnings at ($0.05) EPS, FY2024 earnings at ($0.21) EPS and Q2 2025 earnings at ($0.03) EPS.Netlist (OTCMKTS:NLST - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.01). Netlist had a negative net margin of 50.76% and a negative return on equity of 266.39%. The firm had revenue of $36.84 million during the quarter, compared to the consensus estimate of $37.00 million. Netlist Stock Down 2.5 %Shares of OTCMKTS NLST traded down $0.03 during mid-day trading on Friday, hitting $1.33. The stock had a trading volume of 913,844 shares, compared to its average volume of 358,518. Netlist has a 1 year low of $1.00 and a 1 year high of $3.83. The business has a 50 day moving average price of $1.44 and a two-hundred day moving average price of $1.52. Netlist Company Profile (Get Free Report)Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.Further ReadingFive stocks we like better than NetlistHow to Find Undervalued StocksShould You Invest in Bitcoin? Pros and ConsQuiet Period Expirations ExplainedAmazon Stock is Primed to Rebound Strongly After AI Bubble BurstsHow to invest in marijuana stocks in 7 steps Shell Stock: Oil & Gas Giant Committed to Buybacks and Dividends This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Time is Running Out - June 25th Deadline Approaching! (From Paradigm Press) (Ad)Should you invest $1,000 in Netlist right now?Before you consider Netlist, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Netlist wasn't on the list.While Netlist currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here