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Stock impact report

Everspin outlines $14M–$15M Q4 revenue target as data center and LEO satellite momentum builds [Seeking Alpha]

Everspin Technologies, Inc. (MRAM) 
Last everspin technologies, inc. earnings: 11/7 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
Sanjeev Aggarwal, President and CEO, reported, "We are pleased to report third quarter results with revenue of $14.1 million and non-GAAP EPS of $0.06 per diluted share with revenue in line with our guidance range Quick Insights Revenue growth is primarily driven by increased MRAM product sales—especially to data centers, LEO satellite applications, casino gaming, energy management, and automotive customers. Management expects gross margins around the current range (near 51%), and non-GAAP profitability to remain steady, supported by operational discipline and cost control. Everspin is pursuing partnerships (like with Quintauris) and expanding in markets such as automotive, LEO satellites, and data centers to drive future revenue. More Trending News Show less Read more
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