Everspin Reports Unaudited First Quarter 2024 Financial Results
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
Q1’24 revenue of $14.4 million near high end of guidance range 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 first quarter ended March 31, 2024.“Our first quarter revenue came in near the high end of our expectations while our GAAP net income came in below our expectations,” said Sanjeev Aggarwal, President and Chief Executive Officer. "We are very pleased with some of our recent wins, most notably with IBM for our PERSYST STT-MRAM solution, which will be used in their FCM4 FlashCore Module, and we are entering into an agreement with a commercial customer to provide foundry services. Looking ahead, we expect our Toggle and STT-MRAM design wins to ramp in the second half of 2024.”First Quarter 2024 ResultsTotal revenue of $14.4 million, compared to $14.8 million in t
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 downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- EY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year® 2024 Pacific Southwest Award Finalist [Yahoo! Finance]Yahoo! Finance
- EY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year® 2024 Pacific Southwest Award FinalistBusiness Wire
- Everspin Technologies, Inc. (NASDAQ: MRAM) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Is Everspin Technologies, Inc. (NASDAQ:MRAM) Trading At A 25% Discount? [Yahoo! Finance]Yahoo! Finance
MRAM
Earnings
- 5/1/24 - Miss
MRAM
Sec Filings
- 5/9/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- MRAM's page on the SEC website