Whenever there is any major positive development on the legal front for a company, then its stock generally gets a bit of attention, and this morning it may be the Netlist Inc. (OTC:NLST) that may be worth tracking. The company was in significant focus yesterday after it made a major announcement about a win over Samsung.’
The Announcement
In the news release yesterday, the company announced that the United States Court of Appeals for the Federal Circuit issued a judgment that reiterated the Inter Partes Review decision of the United States Patent Trial and Appeal Board. The decision in question had upheld the validity of the company’s United States patent number 10217523. It was further noted by the company that a CAFC ruling of this nature was hugely important for the company.
Further Information
Owing to the upholding of the decision, there would be considerable pressure on Samsung owing to the sales of DDR4 LRDIMM products that it had sold with potential patent infringement. The company also observed that sales worth several billion dollars had been made in those lines of products by Samsung. In light of the latest ruling, it may be a good idea to keep an eye on Netlist today.
Key Quote
C.K. Hong, Netlist’s Chief Executive Officer, said, “CAFC rulings are critically important. With this ruling affirming the PTAB’s finding of validity of the ‘523 Patent, Samsung now faces significant exposure based on billions of dollars of potentially infringing sales of its DDR4 LRDIMM products.”
Fundamentals
| P/E Ratio | -3.7700 |
| PEG Ratio | 40.66 |
| Price to Book | -24.66 |
| Price to Cash Flow | – |
| Price to Free Cash Flow | – |
| Total Sales (TTM) | 146.26 M |
| Revenue per Share (TTM) | 0.57 |
| Shares Outstanding | 271.844 M |
| Share Float (%) | 266.38 M (97.99%) |
| % Held by Institutions | 0.01 |
