NETLIST INC 8K

Netlist, Inc. announced significantly improved first quarter 2026 results, returning to profitability on sharply higher sales and gross profit, supported by strong demand for its memory products and AI-focused technologies.

Netlist, Inc. reported its unaudited financial results for the first quarter ended March 28, 2026, disclosing a sharp turnaround to profitability with net income of $8.6 million, or $0.03 per share, compared to a net loss of $9.5 million in the prior-year quarter, driven by a 262% increase in net sales to $104.9 million and a 1,622% increase in gross profit to $22.4 million, along with a shift from a stockholders’ deficit to positive equity of $10.4 million; management attributed the strong performance to robust demand for its memory products, highlighted its positioning in AI-related DDR5 and HBM technologies, and announced an investor conference call on May 12, 2026 to discuss the results, while also reiterating forward-looking statement risk factors related to litigation outcomes, IP monetization, and market conditions.

Filing Facts

CIK

1282631

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-059024

Alert Tier

7