Everspin Technologies

Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products include Toggle MRAM, Spin-transfer Torque MRAM, TMR Sensors, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, AZ.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Everspin Technologies reports record revenue in 2022, eyes growth opportunities

Everspin Technologies achieved record-breaking performance in 2022, surpassing revenue targets and demonstrating strong financial metrics. Despite industry challenges, the company remains focused on innovation and growth opportunities in STT-MRAM technology. Optimism surrounds future revenue guidance and customer interest.

Everspin Technologies reports robust Q1 performance and eyes growth opportunities

Everspin Technologies delivered solid financial results in Q1 2023, showcasing revenue growth, debt-free status, and positive net income for the 8th consecutive quarter.
The company's innovative xSPI family products received industry recognition, and strong market demand is reflected in high product backlog and early design-ins.
While challenges in maintaining growth and managing expenses exist, Everspin's opportunities lie in expanding product sales, securing design wins, and leveraging its strong cash position for future growth.

Everspin Technologies reports strong Q2 earnings amidst semiconductor challenges

Everspin Technologies continues its streak of positive financial performance, with revenue growth and consistent profitability in Q2 2023.
Despite industry challenges, the company is innovating product offerings, expanding capabilities, and addressing supply chain constraints to drive future growth.
Opportunities in high-density STT-MRAM products, technological advancements, and specialized market segments position Everspin for sustained success and market leadership.

Everspin Technologies excels in Q3, expands product lines and partnerships

Everspin Technologies demonstrated strong financial performance in Q3, surpassing revenue targets and maintaining profitability.
The company showcased product innovation and strategic partnerships to enhance its market position and expand into new sectors.
While facing challenges in a competitive landscape, Everspin has opportunities for growth through market expansion and technological advancements.

Everspin Technologies reports record revenue and profitability, eyes growth opportunities

Everspin Technologies delivered robust financial performance in 2023, marked by record revenue and profitability.
Despite facing challenges from economic weakness in China, the company's strong cash position and technological focus position them well for future growth.
With a promising pipeline, design wins, and revenue expectations for 2024, Everspin Technologies is poised for continued success in the MRAM market.

Everspin Technologies meets Q1 revenue, eyes growth opportunities ahead

Everspin Technologies met Q1 revenue guidance, with a focus on industrial and aerospace markets. Facing challenges in Asia Pacific and certain end markets for Q2. Positioned for growth with upcoming design wins and IBM partnership.

Everspin Technologies projects revenue growth in Q3 amidst MRAM challenges

Everspin Technologies anticipates a stronger second half of 2024 with expected revenue growth driven by new design wins in the STT-MRAM segment. The company's focus on high-density STT-MRAM products and data center solutions positions it well for future growth.

Everspin Technologies meets Q3 targets, eyes growth in automotive sector

Everspin Technologies demonstrated solid performance in Q3 2024, meeting revenue and EPS targets.
Strengths lie in market traction, diversified product portfolio, strategic partnerships, and active industry participation.
Challenges include market competition, contract execution, production scalability, and supply chain disruptions.
Opportunities exist in market expansion, innovation through partnerships, growth in AI hardware projects, and industry visibility.

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CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Reports Preliminary Unaudited Fourth Quarter and Full Year 2020 Financial Results

Everspin Reports Preliminary Unaudited Fourth Quarter and Full Year 2020 Financial Results

Everspin's business setup may be moving into a high-growth phase during 2021. A conservative, liquid balance sheet and improving operating cash flow in 2020 are positive developments.

The Bottom Fishing Club: Everspin Technologies

Everspin Technologies' (MRAM) CEO Kevin Conley on Q3 2020 Results - Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced financial results for the third quarter ended September 30, 2020. Third Quarter Highlights Total revenue increased 10.3% year-over-year to $10.1 million Operating expenses declined 24% over the prior year period GAAP net loss per share remained flat at ($0.21) compared to the third quarter of 2019 Generated $0.7 million cash flow from operations Ended quarter with cash and eq

Everspin Reports Third Quarter 2020 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its third quarter 2020 financial results after market close on Thursday, November 5, 2020. Kevin Conley, President and CEO, and Daniel Berenbaum, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company's financial results. The conference call will be broadcast live in listen-only mode on the investor relations website at investor.everspin.com. For analy

Everspin to Host Third Quarter 2020 Earnings Call on November 5

Everspin Technologies' (MRAM) CEO Kevin Conley on Q2 2020 Results - Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc.

 Everspin Reports Second Quarter 2020 Financial Results

Everspin to Host Second Quarter 2020 Earnings Call on August 6

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Everspin Technologies, Inc. (MRAM) CEO Kevin Conley on Q1 2020 Results - Earnings Call Transcript

Everspin Technologies, Inc. (MRAM) CEO Kevin Conley on Q4 2019 Results - Earnings Call Transcript

Everspin Technologies, Inc. (MRAM) CEO Kevin Conley on Q3 2019 Results - Earnings Call Transcript

Everspin Technologies, Inc. (MRAM) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Everspin Technologies

Everspin Technologies shares are trading lower after the company cut its second-quarter sales guidance.

Everspin Technologies Cuts Q2 Guidance

Everspin Technologies, Inc. (MRAM) CEO Kevin Conley on Q1 2019 Results - Earnings Call Transcript

EVERSPIN TECH (MRAM) delivered earnings and revenue surprises of 3.85% and 3.36%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

EVERSPIN TECH (MRAM) Reports Q1 Loss, Tops Revenue Estimates

EVERSPIN TECH (MRAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: EVERSPIN TECH (MRAM) Q1 Earnings Expected to Decline

Everspin Technologies, Inc. (MRAM) CEO Kevin Conley on Q4 2018 Results - Earnings Call Transcript

News for Everspin Technologies Stock (MRAM)