Netlist Inc. (Nasdaq: NLST) issued lower-than-expected guidance for its first and second quarters.

The Irvine, Calif.-based memory subsystems manufacturer said it now expects to report earnings per share of $0.02 to $0.03 per share on revenue of $37 million to $38 million. The firm had previously issued guidance of $0.07 to $0.08 per share on revenue of $40 million to $42 million.

April 12 (SmallCapInvestor.com) – Shares of ECtel Ltd. (Nasdaq: ECTX) have lost 30% of their value following news the Israeli provider of revenue management software anticipates a fall in first-quarter 2007 sales due to a slowdown in orders.