Netlist Inc. (NLST) is a multinational company headquartered in Irvine, California that designs and manufactures a wide variety of high-performance, logic-based memory subsystems for global datacenter and high-performance computing and communications markets. The company primarily markets and sells memory products to original equipment manufacturer (“OEM”) customers. Netlist has more than 200 employees and an annual revenue of US$ 60.7 million as of 2011. The stock was added to NASDAQ in late 2006. The company has manufacturing facilities in Suzhou, People's Republic of China and a design center in San Jose, CA.
Reported after close today (5/17/16) Earnings: EPS -$0.03 Revenue $4.6M Estimates: EPS -$0.02 Revenue $5M Up 11.76% after hours
Jumped in this earlier today. Made a mistake & bought 2x the stock I expected to purchase. Was going to exit half the position immediately, but decided to just set a tight stop for the additional half. It has played out well so far today.
