NETLIST INC - NLST STOCK NEWS

Welcome to our dedicated page for NETLIST news (Ticker: NLST), a resource for investors and traders seeking the latest updates and insights on NETLIST stock.

NETLIST INC (NLST) was founded in 2000 and is headquartered in Irvine, California. They are a leading provider of high-performance modular memory subsystems to OEMs worldwide. Netlist specializes in bridging the gap between OEM requirements and IC manufacturer capabilities through patented memory subsystem technologies. Their solutions optimize memory performance and reliability using advanced design techniques and off-chip technology advances. With state-of-the-art design and manufacturing facilities, Netlist continues to innovate memory and storage solutions for businesses.

05/24/2024 07:30 AM

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Netlist Wins $445 Million in Patent Infringement Trial Against Micron

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Netlist announced a victory in a patent infringement trial against Micron Technology, securing $445 million in damages. The U.S. District Court for the Eastern District of Texas found Micron guilty of willfully infringing Netlist's U.S. Patent Nos. 7,619,912 and 11,093,417. The infringement involved Micron's DDR4 RDIMMs and DDR4 LRDIMMs, covering periods from April 2021 to May 2024 and August 2021 to May 2024, respectively. This marks the second consecutive jury win for Netlist within a year for patent infringement by a global semiconductor manufacturer, highlighting Netlist's firm stance on protecting its intellectual property.

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05/20/2024 08:00 AM

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Netlist Prevails in Federal Court Against Samsung

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Netlist (OTCQB:NLST) announced a significant legal victory against Samsung in the Federal District Court for the Central District of California. The jury found that Samsung materially breached the 2015 Joint Development and License Agreement, resulting in Samsung losing its license to Netlist's patent portfolio.

Samsung, being the largest memory manufacturer globally with annual memory revenues in the tens of billions, faces substantial implications from this verdict. Netlist's CEO, C.K. Hong, expressed gratitude to the jury and emphasized the company's commitment to protecting its intellectual property and ensuring fair compensation for its shareholders.

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04/25/2024 08:00 AM

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Netlist Reports First Quarter 2024 Results

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Netlist, Inc. (NLST) reported a significant increase in net sales for the first quarter of 2024, reaching $35.8 million compared to $9.0 million in the same quarter of the previous year. The company's gross profit improved to $0.7 million, with a net loss of ($17.0) million. Despite the positive financial results, Netlist faced challenges with recent Patent Trial Board decisions regarding their '912 patent. The company remains focused on defending its intellectual property rights and aims to fairly license its innovative technologies.

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04/18/2024 08:00 AM

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Netlist Schedules First Quarter 2024 Financial Results and Conference Call

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Netlist, Inc. (NLST) will release its first-quarter 2024 financial results on April 25, 2024, before 9:30 a.m. Eastern Time. A conference call will follow at 12:00 p.m. Eastern Time. Participants are encouraged to pre-register for immediate access. The call can be joined by dialing +1 (412) 317-5443 and requesting the 'Netlist Conference Call'. A webcast and replay will be available on Netlist's website.

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03/14/2024 04:20 PM

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Netlist to Attend 36th Annual Roth Conference

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Netlist, Inc. (NLST) to participate in the 36th Annual Roth Conference, engaging in 1-on-1 meetings with investors on March 18th.

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02/13/2024 08:00 AM

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Netlist Reports Full Year and Fourth Quarter 2023 Results

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Netlist, Inc. (NLST) reported strong financial results for the full-year and fourth quarter of 2023, with net product sales increasing by 100% and 54% in the fourth quarter compared to the previous quarter and the same period last year, respectively. The company's CEO highlighted continued revenue growth and investments in intellectual property. However, despite revenue gains, there was a significant decrease in net sales and gross profit for the full year of 2023 compared to 2022. Net losses also increased for both the fourth quarter and full year of 2023, mainly due to stock-based compensation expenses. As of December 30, 2023, the company had $52.8 million in cash and equivalents.

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02/05/2024 08:00 AM

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Netlist Schedules Fourth Quarter and Full Year 2023 Financial Results and Conference Call

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Netlist, Inc. (NLST) will release its financial results for Q4 and full year 2023 on February 13, 2024. A conference call will be held at 12:00 p.m. ET on the same day. Participants are encouraged to pre-register for the call to receive a unique PIN for immediate access. The call can also be joined without pre-registration by dialing +1 (412) 317-5443 and requesting the 'Netlist Conference Call'. A live webcast and archived replay will be available on Netlist's website.

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10/31/2023 08:00 AM

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Netlist Reports Third Quarter 2023 Results

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Netlist, Inc. reported a 67% improvement in product revenue for the third quarter of 2023 compared to the previous quarter. The company attributes this growth to the recovery of the memory market and the increasing demand for its technology in new DDR5 based servers and high bandwidth memory for AI. Net sales for the quarter were $16.7 million, a decrease from $34.4 million in the same quarter last year. The gross profit for the quarter was $0.4 million, down from $2.2 million in the previous year. Net loss for the quarter was ($17.3) million, compared to ($9.6) million in the prior year period. As of September 30, 2023, the company had $50.6 million in cash, cash equivalents, and restricted cash.

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10/23/2023 08:00 AM

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Netlist Schedules Third Quarter 2023 Financial Results and Conference Call

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Netlist, Inc. will report its financial results for Q3 2023 on October 31, 2023. A conference call will be held at 12:00 p.m. ET on the same day.

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08/15/2023 08:00 AM

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Netlist Announces $30 Million Registered Direct Offering

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Netlist, Inc. has entered into a definitive agreement for the purchase and sale of 11,111,112 shares of its common stock and warrants in a registered direct offering. The shares are being sold at a purchase price of $2.70 per share. The gross proceeds from the offering are expected to be approximately $30 million. The company intends to use the net proceeds for general corporate purposes.

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FAQ

What is the current stock price of NETLIST (NLST)?

The current stock price of NETLIST (NLST) is $0.90805 as of December 24, 2024.

What is the market cap of NETLIST (NLST)?

The market cap of NETLIST (NLST) is approximately 250.1M.

When was NETLIST INC founded?

NETLIST INC was founded in 2000.

Where is NETLIST INC headquartered?

NETLIST INC is headquartered in Irvine, California.

What does NETLIST INC specialize in?

NETLIST INC specializes in providing high-performance modular memory subsystems to OEMs.

What is NETLIST INC's approach to memory solutions?

NETLIST INC uses patented technology to optimize memory performance and reliability, overcoming limitations in density, performance, and cost.

Where does NETLIST INC manufacture its products?

NETLIST INC has ISO- and OSHAS-certified manufacturing and testing facilities in the U.S., with qualified contract manufacturers in China.

What is NETLIST INC's focus for innovation?

NETLIST INC focuses on pushing the boundaries of technology to deliver cutting-edge memory and storage solutions for businesses.

How does NETLIST INC blend commodity components into memory solutions?

NETLIST INC blends commodity components with patented technologies to create highly reliable and optimized memory solutions.

What are NETLIST INC's key achievements?

NETLIST INC pioneered embedding passives into printed circuit boards, doubling densities via 4-rank double data rate technology, and other off-chip technology advances.

What sets NETLIST INC apart from competitors?

NETLIST INC's state-of-the-art design and manufacturing facilities, along with their innovative memory solutions, differentiate them from competitors in the industry.