Everspin Technologies, Inc. (MRAM) Tops Q4 EPS by 10c

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Go back to Everspin Technologies, Inc. (MRAM) Tops Q4 EPS by 10c

Everspin Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

March 2, 2022 4:00 PM EST

The Company Reports its Best Year in Company History Profitable Year End Results

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, 2021.

Fourth Quarter and Full Year 2021 Highlights

2021 full year revenue increased $13.1 million, or 31%, to $55.1 million from $42.0 million in the prior year. Q421 revenue increased $3.4 million, or 23%, to $18.2 million from $14.8 million in the prior quarter. This is an increase of $8.2 million, or 82%,... More