Netlist Q3 revenue jumps 149% on Samsung license fees
NLST•Netlist reported Q3 revenue of $105.10 million, up 149% year over year, including $44.9 million in Samsung license revenue. Gross margin rose to 65.5% from 4.4%, and net income was $85.45 million.
1. License fees lift revenue
Netlist said Q3 revenue rose 149% year over year to $105.10 million, including $44.9 million in license revenue from its Samsung agreement. Gross margin improved to 65.5% from 4.4%, which the company attributed to license revenue and higher product margins; net income was $85.45 million.
