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

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

Everspin Reports Fourth Quarter and Fiscal Year 2018 Financial Results

March 14, 2019 4:06 PM EDT

Fourth Quarter Revenue Increases 21% Year-over-Year and Full Year Revenue Grows 38%

CHANDLER, Ariz.--(BUSINESS WIRE)-- Everspin Technologies, Inc. (Nasdaq: MRAM), the market leader in MRAM, today announced financial results for the fourth quarter and full year ended December 31, 2018.

Fourth Quarter and Full Year Highlights

Fourth quarter total revenue grew 21% year-over-year to $12.3 million Full year total revenue grew 38% over 2017 to $49.4 million, with MRAM product revenue increasing 40% Shipped worlds first pre-production customer samples of 28nm 1Gb STT-MRAM product... More