Everspin Technologies

Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products include Toggle MRAM, Spin-transfer Torque MRAM, TMR Sensors, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, AZ.

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Earnings data Q4 2024

Everspin Technologies reports record revenue in 2022, eyes growth opportunities

Everspin Technologies achieved record-breaking performance in 2022, surpassing revenue targets and demonstrating strong financial metrics. Despite industry challenges, the company remains focused on innovation and growth opportunities in STT-MRAM technology. Optimism surrounds future revenue guidance and customer interest.

Everspin Technologies reports robust Q1 performance and eyes growth opportunities

Everspin Technologies delivered solid financial results in Q1 2023, showcasing revenue growth, debt-free status, and positive net income for the 8th consecutive quarter.
The company's innovative xSPI family products received industry recognition, and strong market demand is reflected in high product backlog and early design-ins.
While challenges in maintaining growth and managing expenses exist, Everspin's opportunities lie in expanding product sales, securing design wins, and leveraging its strong cash position for future growth.

Everspin Technologies reports strong Q2 earnings amidst semiconductor challenges

Everspin Technologies continues its streak of positive financial performance, with revenue growth and consistent profitability in Q2 2023.
Despite industry challenges, the company is innovating product offerings, expanding capabilities, and addressing supply chain constraints to drive future growth.
Opportunities in high-density STT-MRAM products, technological advancements, and specialized market segments position Everspin for sustained success and market leadership.

Everspin Technologies excels in Q3, expands product lines and partnerships

Everspin Technologies demonstrated strong financial performance in Q3, surpassing revenue targets and maintaining profitability.
The company showcased product innovation and strategic partnerships to enhance its market position and expand into new sectors.
While facing challenges in a competitive landscape, Everspin has opportunities for growth through market expansion and technological advancements.

Everspin Technologies reports record revenue and profitability, eyes growth opportunities

Everspin Technologies delivered robust financial performance in 2023, marked by record revenue and profitability.
Despite facing challenges from economic weakness in China, the company's strong cash position and technological focus position them well for future growth.
With a promising pipeline, design wins, and revenue expectations for 2024, Everspin Technologies is poised for continued success in the MRAM market.

Everspin Technologies meets Q1 revenue, eyes growth opportunities ahead

Everspin Technologies met Q1 revenue guidance, with a focus on industrial and aerospace markets. Facing challenges in Asia Pacific and certain end markets for Q2. Positioned for growth with upcoming design wins and IBM partnership.

Everspin Technologies projects revenue growth in Q3 amidst MRAM challenges

Everspin Technologies anticipates a stronger second half of 2024 with expected revenue growth driven by new design wins in the STT-MRAM segment. The company's focus on high-density STT-MRAM products and data center solutions positions it well for future growth.

Everspin Technologies meets Q3 targets, eyes growth in automotive sector

Everspin Technologies demonstrated solid performance in Q3 2024, meeting revenue and EPS targets.
Strengths lie in market traction, diversified product portfolio, strategic partnerships, and active industry participation.
Challenges include market competition, contract execution, production scalability, and supply chain disruptions.
Opportunities exist in market expansion, innovation through partnerships, growth in AI hardware projects, and industry visibility.

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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, announced the appointment of Douglas Mitchell to its Board of Directors, effective February 26, 2024. Mr. Mitchell has held various executive management positions focusing on corporate leadership, technology, marketing and business development of micro-controllers, digital signal processors and m.

Everspin Technologies Expands Board of Directors with Appointment of Douglas Mitchell

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), the market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program, which is part of CHIPS for America, with a full application submitted to the National Institute of Standards and Technology, a bureau of the U.S. Department of Commerce. The submitted application is for additional 200mm MRAM capacity and will increase long term R&D IP capability. “We are plea.

Everspin Technologies Submits Application for U.S. CHIPS and Science Act Funding

Everspin Technologies, Inc. (MRAM) Q4 2023 Earnings Call Transcript

CHANDLER, Ariz.--(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, whil.

Everspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), the market leader in MRAM, announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will present at the Baird virtual Vehicle Technology & Mobility Conference, on February 29th at 1:05 p.m. Eastern Time. A live webcast, as well as a replay, of the presentation will be available on the company's investor relations website at https://www.everspin.com/. About.

Everspin Technologies to Present at the Baird Virtual Vehicle Technology & Mobility Conference

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024. Sanjeev Aggarwal, President and Chief Executive Officer, and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday, February 28th at 5:00 p.m. Eastern Time to discuss the Company's financial results. What: Everspin's Fourth Quarter and Full Year.

Everspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call

Everspin Technologies is a small-cap company in the semiconductor space focusing on spintronics and related products. Everspin offers a diverse range of MRAM solutions for various industries, including industrial, medical, automotive, aerospace, and data centers. Despite a slight decrease in sales, MRAM has achieved a positive bottom line and is positioned for growth, with a price target of $11.7.

Everspin Technologies: Fair Price Point With An Exciting Market Opportunity

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), today announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will participate in the 26th Annual Needham Growth Conference, taking place at the Lotte New York Palace Hotel on January 17th and 18th. Management will be available for one-on-one in-person meetings on both January 17th and 18th. To schedule a meeting please contact your Needham salesperson. About.

Everspin Technologies Announces Participation in 26th Annual Needham Growth Conference

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM) today announced it is scheduled to ring the closing bell at the Nasdaq MarketSite on January 18th, 2024. The ceremony will begin at 4:00 p.m. Eastern Time from the Nasdaq MarketSite Tower in New York City, New York and can be viewed at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony. Videos and photos during and following the ceremony will be shared on Nasdaq's social media channels. Sanjeev Aggarwal, Everspin.

Everspin Technologies to Ring NASDAQ Closing Bell on January 18th

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Revenue of $16.5 million increased 8% from $15.2 million in Q3'22 Net income of $2.4 million increased 27.8% from $1.9 million in Q3'22 Adjusted EBITDA of $4.0 million increased 18.7% from $3.4 million in Q3'22 Fully diluted EPS of $0.11 increased from $0.09 i.

Everspin Reports Unaudited Third Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its third quarter 2023 financial results after market close on Wednesday, November 1, 2023. Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday November 1st at 5:00 p.m. Eastern Time to discuss the Company's financial results. To participate and ask questions, please pre-register online to r.

Everspin to Host Third Quarter 2023 Earnings Call on November 1, 2023

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, announced today that it is expanding its flagship industrial, high-density STT-MRAM product family, the EMxxLX. The EMxxLX product, announced last year, is the highest-performing persistent memory available today. It is ideal for electronic systems where data persistence and integrity, low power,.

Everspin Announces Expansion of Industrial STT-MRAM Devices

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate in the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit on August 29-30. This event is by invitation, please contact Jefferies directly for those who are interested in meeting with Everspin management. About Everspin Technologies Everspin Technologies, Inc. is the wor.

Everspin Technologies to Participate in the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit on August 29-30

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) non-volatile solutions, has announced Senior Director of Marketing, Joe O'Hare, will present at the Flash Memory Summit as part of the Automotive Panel Part 1 (Applications Track) on Tuesday, August 8 from 8:30-9:35 AM. The Flash Memory Summit brings together industry leaders and startups across all forms of high-performance.

Everspin to Provide Industry Insights on Automotive and Chiplet Panels at Flash Memory Summit

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Sanjeev Aggarwal - President, CEO & Director Anuj Aggarwal - CFO Conference Call Participants Nicolas Doyle - Needham & Company Shadi Mitwalli - Craig-Hallum Operator Good afternoon, and welcome to the conference call to discuss Everspin Technologies' Second Quarter 2023 Financial Results. [Operator Instructions].

Everspin Technologies, Inc. (MRAM) Q2 2023 Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Q2'23 revenue exceeded the top end of guidance at $15.7 million. The company reported net income of $3.9 million for Q2'23 compared to $0.8 million for Q1'23. Adjusted EBITDA for Q2'23 was $5.4 million compared to $2.3 million for Q1'23. Basic EPS for Q2'23 was $.

Everspin Reports Unaudited Second Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its second quarter 2023 financial results after market close on Wednesday, August 2, 2023. Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday August 2nd at 5:00 p.m. Eastern Time to discuss the Company's financial results. To participate and ask questions, please pre-register online to rece.

Everspin to Host Second Quarter 2023 Earnings Call on August 2, 2023

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies Inc., (NASDAQ: MRAM), today announced management's participation in the 15th Annual CEO Investor Summit 2023, being held Wednesday, July 12th at the St. Regis Hotel, San Francisco, CA. The presentation material utilized during the CEO Investor Summit will be made accessible on the events page of the Company's website at https://www.everspin.com/. About Everspin Technologies Everspin Technologies, Inc. is the world's leading provider of Mag.

Everspin Announces Participation in 15th Annual CEO Investor Summit 2023

MRAM chips are becoming more attractive than the projections suggest, and the company should benefit from that. The market is set to grow at high rates for the next decade.

Everspin Technologies Should Benefit From The Fast-Growing MRAM Market

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Sanjeev Aggarwal – President and Chief Executive Officer Anuj Aggarwal – Chief Financial Officer Conference Call Participants Richard Shannon – Craig-Hallum Orin Hirschman – AIGH Operator Good afternoon and welcome to the conference call to discuss Everspin Technologies' First Quarter 2023 Financial Results. At this time, all participants are in a listen-only mode.

Everspin Technologies, Inc. (MRAM) Q1 2023 Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Q1'23 revenue came in at the top end of guidance at $14.8 million. The company reported net income of $0.8 million for Q1'23, compared to $0.6 million for Q4'22. Adjusted EBITDA for Q1'23 was $2.3 million, compared to $2.1 million for Q4'22. Basic EPS for Q1'23 wa.

Everspin Reports Unaudited First Quarter 2023 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its first quarter 2023 financial results after market close on Wednesday, May 3, 2023. Sanjeev Aggarwal, President and Chief Executive Officer, and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday, May 3rd, at 5:00 p.m. Eastern Time to discuss the Company's financial results.

Everspin to Host First Quarter 2023 Earnings Call on May 3, 2023

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q4 2022 Earnings Conference Call March 1, 2023 5:00 PM ET Participants Sanjeev Aggarwal - President and Chief Executive Officer Anuj Aggarwal - Chief Financial Officer Analysts Richard Shannon - Craig-Hallum Rajvindra Gill - Needham & Company John Fichthorn - Dialectic Capital Operator Good afternoon and welcome to the Conference Call to discuss Everspin Technologies Fourth Quarter and Full Year 2022 Results. At this time, all participants are in a listen-only mode.

Everspin Technologies, Inc. (MRAM) Q4 2022 Earnings Call Transcript

CHANDLER, Ariz.--(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, 2022. Fourth Quarter and Full Year 2022 Highlights 2022 full year revenue increased $4.9 million, or 9%, to $60.0 million from $55.1 million in the prior year. Q4'22 revenue increased $0.5 million, or 3%, to $15.7 million from $15.2 million for Q3'22.

Everspin Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

Everspin's valuation keeps compressing in a positive fashion on a flat stock quote in 2022-23. An upside breakout may be about to take place, if Q4 EPS surprises analysts and investors again in coming days.

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