Netlist, Inc. (OTCQB:NLST) Q4 2024 Earnings Conference Call:
On March 27, 2025, at 12:00 PM ET, Netlist, Inc. (NLST) held its Fourth Quarter 2024 Earnings Conference Call. The call was hosted by Mike Smargiassi, Investor Relations, Chuck Hong, Chief Executive Officer, and Gail Sasaki, Chief Financial Officer. The call was moderated by Suji Desilva of ROTH Capital.
Company Participants:
- Mike Smargiassi – Investor Relations
- Chuck Hong – Chief Executive Officer
- Gail Sasaki – Chief Financial Officer
Conference Call Participants:
- Suji Desilva – ROTH Capital (Operator)
During the call, the company provided an update on its financial performance and business developments in the fourth quarter of 2024. Here are some of the key points:
Financial Performance:
Netlist reported revenue of $52.3 million for the fourth quarter of 2024, representing a 12% increase compared to the same period in 2023. The company’s gross margin was 32.6%, up from 30.2% in the fourth quarter of 2023. Netlist reported a net loss of $1.2 million, or $0.05 per share, compared to a net loss of $2.3 million, or $0.10 per share, in the same period last year.
Business Developments:
Netlist announced that it had signed a multi-year agreement with a major cloud provider to supply its memory solutions. The company also announced that it had expanded its production capacity to meet growing demand for its products.
Impact on Individual Investors:
The strong financial performance and business developments reported by Netlist during the earnings call are likely to be positive for individual investors. The company’s revenue growth and expanding production capacity suggest that it is well-positioned to capitalize on the growing demand for memory solutions. Additionally, the multi-year agreement with a major cloud provider is a significant development that could lead to increased revenue and profitability for the company in the future.
Impact on the World:
Netlist’s strong financial performance and business developments are also likely to have a positive impact on the world at large. The company’s memory solutions are used in a wide range of applications, from data centers and cloud computing to consumer electronics and automotive systems. As the demand for these applications continues to grow, Netlist’s products will play an increasingly important role in powering the digital economy.
Conclusion:
Netlist’s Fourth Quarter 2024 Earnings Conference Call provided investors with an update on the company’s strong financial performance and business developments. The company’s revenue growth, expanding production capacity, and significant agreement with a major cloud provider are all positive signs for the future. For individual investors, these developments suggest that Netlist is well-positioned to capitalize on the growing demand for memory solutions. For the world at large, Netlist’s products will continue to play an increasingly important role in powering the digital economy.
Overall, the earnings call was a positive development for Netlist and its investors. The company’s strong financial performance and business developments position it well for the future, and its memory solutions will continue to be in high demand as the digital economy continues to grow.
