Everspin Reports Fourth Quarter and Fiscal Year 2018 Financial Results

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Everspin Technologies, Inc. (MRAM) Tops Q4 EPS by 2c, Revenues Beat; Q1 EPS Mid-Point Guidance Above Consensus, Q1 Revenue Guidance Below Consensus

March 14, 2019 4:47 PM EDT

Everspin Technologies, Inc. (NASDAQ: MRAM) reported Q4 EPS of ($0.20), $0.02 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $12.3 million versus the consensus estimate of $12 million.

Fourth quarter total revenue grew 21% year-over-year to $12.3 millionFull year total revenue grew 38% over 2017 to $49.4 million, with MRAM product revenue increasing 40%Shipped worlds first... More