Article: Netlist Reports Third Quarter, Nine-Month Results.(Financial report)

Netlist, Inc. (NASDAQ: NLST) reported financial results for the third quarter and nine months ended October 3, 2009. Revenues for the third quarter and nine months ended October 3, 2009, were $6.4 million and $11.8 million, respectively, compared to $28.9 million and $60.4 million for the third quarter and nine months ended September 27, 2008. Revenue for the 2009 third quarter doubled from the $3.2 million in this year's second quarter.

The year-over-year decline in revenues was driven by a reduction in demand from the Company's customer base mainly due to the commoditization of certain product offerings. In response to the current lower base of revenue, costs ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!