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Everspin Technologies Inc (MRAM) Achieves Record Annual Revenue and Profitability in 2023 [Yahoo! Finance]

Everspin Technologies, Inc. (MRAM) 
Last everspin technologies, inc. earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Design Wins : Closed the year with 217 design wins, indicating future growth potential. Financial Position : Strongest cash balance in history, with no debt. Q1 2024 Outlook : Revenue expected to be between $13.5 million to $14.5 million with GAAP net income per diluted share between breakeven and $0.05. Non-GAAP Measure : Adjusted EBITDA for the year 2023 stands at $15.3 million. Warning! GuruFocus has detected 3 Warning Sign with PETQ. On February 28, 2024, Everspin Technologies Inc ( NASDAQ:MRAM ), a leading provider of Magnetoresistive Random Access Memory ( NASDAQ:MRAM ) products, released its 8-K filing , announcing unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported a robust fourth quarter with revenue of $16.7 million and earnings per share (EPS) of $0.09, exceeding its guidance and reflecting a strong demand for its products and technology. Company Overview Everspin Technologies Inc is at the forefront Show less Read more
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