Everspin Reports Fourth Quarter and Fiscal Year 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Everspin Technologies, Inc. (MRAM) Reports Q4 Revenues Beat; Offers Q1 EPS Guidance Above Consensus, Q1 Revenue Mid-Point Guidance Above Consensus
March 12, 2020 4:43 PM EDTEverspin Technologies, Inc. (NASDAQ: MRAM) reported Q4 EPS of ($0.17), $0.01 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $9.7 million versus the consensus estimate of $9.5 million.
Fourth Quarter and Recent Highlights
Fourth quarter total revenue of $9.7 million was up 5% sequentially and at the high-end of guidanceEnded year with cash and equivalents of $14.5 millionImplemented restructuring to accelerate path to profitabilityAchieved second data center OEM qualification of 1Gb STT-MRAMAnnounced development of STT-MRAM for Industrial and IoT applicationsSigned joint development agreement extension with... More