Everspin Reports Fourth Quarter and Fiscal Year 2017 Financial Results
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March 16, 2018 6:40 AM EDT
Stifel lowered its price target on Everspin Technologies (NASDAQ: MRAM) to $13.00 (from $15.00) while maintaining a Buy rating.
Analsyt Kevin Cassidy notes the 4Q17 earnings report showed good methodical progress toward bringing the worlds first 256Mb STT MRAM into full production.
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March 16, 2018 6:34 AM EDT
Needham & Company lowered its price target on Everspin Technologies (NASDAQ: MRAM) to $14.00 (from $17.00) while maintaining a Strong Buy rating.
Analyst Rajvindra Gill commented, "While we are encouraged by signs that Everspin's strategy shift of prioritizing 256Mb ST-MRAM and a realignment in its... More
March 15, 2018 4:43 PM EDT
Everspin Technologies, Inc. (NASDAQ: MRAM) reported Q4 EPS of ($0.35), $0.01 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $10.1 million versus the consensus estimate of $10.1 million.
GUIDANCE:
Everspin Technologies, Inc. sees Q1 2018 EPS of ($0.45)-($0.41). Everspin... More
