Everspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Everspin Technologies, Inc. (MRAM)
Last everspin technologies, inc. earnings: 11/7 04:05 pm
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Source: Yahoo! Finance
CHANDLER, Ariz., February 28, 2024 BUSINESS WIRE )--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023. "We are pleased that our fourth quarter results exceeded our expectations across the board, led by strong product and RAD Hard revenue," said Sanjeev Aggarwal, President and Chief Executive Officer. "For the full year, our team delivered record revenue and profitability, while driving improved gross margins through operational excellence, and we closed the year with 217 design wins." Fourth Quarter 2023 Results Total revenue of $16.7 million, an increase of 6% from $15.7 million in the fourth quarter of 2022. MRAM product sales, which includes both Toggle and STT-MRAM revenue, of $12.4 million, compared to $14.6 million in the fourth quarter of 2022. Licensing, royalties, patents, and other revenue of $4.3 million, compared to $1.1 milli
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News
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- Everspin Technologies First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Everspin Technologies, Inc. (NASDAQ: MRAM) had its price target lowered by analysts at Craig Hallum from $11.00 to $10.00. They now have a "buy" rating on the stock.MarketBeat
- Everspin Technologies, Inc. (NASDAQ:MRAM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Everspin Technologies, Inc. (NASDAQ: MRAM) had its price target lowered by analysts at Needham & Company LLC from $12.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
MRAM
Earnings
- 5/1/24 - Miss
MRAM
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/12/24 - Form ARS
- MRAM's page on the SEC website