Netlist makes specialized memory modules that add speed and data protection to servers, like a turbocharger for computer storage.
Revenue comes from selling memory subsystems and reselling components like SSDs and DRAM; gross margin is 16.24% TTM, with recent quarters turning slightly profitable.
Netlist holds patents on hybrid memory tech, but faces aggressive competition from Samsung and SK hynix, which have far larger scale and resources, weakening its position.
