Everspin Technologies Takes Steps Designed To Shorten Path To Profitability
Everspin Technologies, Inc. (MRAM)
Last everspin technologies, inc. earnings: 11/7 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=254442&p=irol-irhome
Company Research
Source: Business Wire
Restructuring Targets $5 Million of Annual Cost Savings CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, announced a restructuring plan designed to reduce annual operating expenditures and achieve quarterly cash flow breakeven this year under the existing revenue outlook. Headcount reductions will be enacted January 31, 2020. As a result, Everspin will take a one-time restructuring charge in the fourth quarter of 2019.The restructuring will result in an approximately 15% reduction of the workforce and is designed to maximize long-term sustainability, operational health and financial controls, while prioritizing the company’s long-term roadmap expansion and associated R&D for MRAM products and technology.In addition, Jeff Winzeler, who has served Everspin as CFO for the past five years, will step down to pursue other interests, and a search for a replacement is underway. In the interim, Matt Tenorio, Everspin Corporate Controll
Show less
Read more
Impact Snapshot
Event Time:
MRAM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRAM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRAM alerts
High impacting Everspin Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
MRAM
News
- 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
- Everspin Technologies Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
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