Netlist revenues triple year on year

Memory subsystems manufacturer Netlist has revealed that revenues for the second quarter ending on 3 July 2010 were $9.3m (£5.9m) − up 193 per cent from $3.2m in the second quarter of 2009 and up 17.9 per cent from $7.9m in the previous quarter. 

Gross profit was $1.8m, or 19.5 per cent of revenues, compared with $0.2m, or 7.7 per cent of revenues, in the second quarter of 2009.

Net loss was $4m, or $0.16 loss per share, compared with a net loss in the prior year period of $4m, or $0.20 loss per share.