Everspin Reports Unaudited Third Quarter 2024 Financial Results
Everspin Technologies, Inc. (MRAM)
Last everspin technologies, inc. earnings: 11/7 04:05 pm
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Source: Business Wire
Q3’24 revenue of $12.1 million in-line with guidance and EPS of $0.10 exceeded guidance CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced preliminary unaudited financial results for the third quarter ended September 30, 2024.“We are pleased to report third quarter revenue in-line with our guidance and GAAP net income per diluted share ahead of our guidance, driven by our new contract wins, and our cost containment efforts,” said Sanjeev Aggarwal, President and Chief Executive Officer. “We had new contracts during the quarter, showcasing the strength of our business and the extensive range of our product portfolio. We continue to have meaningful customer interactions, which we believe will turn into design wins for our PERSYST xSPI STT-MRAM products and begin to contribute to revenue in 2025 and beyond.”Third Quarter
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MRAM
News
- Everspin Technologies, Inc. (NASDAQ: MRAM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Everspin Technologies, Inc. (NASDAQ: MRAM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Everspin Technologies' (NASDAQ:MRAM) Anemic Earnings Might Be Worse Than You Think [Yahoo! Finance]Yahoo! Finance
- Everspin Technologies, Inc. Just Reported A Surprise Profit, And Analysts Lifted Their Estimates [Yahoo! Finance]Yahoo! Finance
- Everspin Technologies, Inc. (NASDAQ: MRAM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
MRAM
Earnings
- 10/30/24 - Beat
MRAM
Sec Filings
- 11/14/24 - Form 4
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- MRAM's page on the SEC website