Everspin Reports Unaudited First Quarter 2022 Financial Results

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Everspin Technologies (MRAM) PT Lowered to $9 at Needham & Company

May 12, 2022 7:43 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on Everspin Technologies (NASDAQ: MRAM) to $9.00 (from $13.00) while maintaining a Strong Buy rating.

The analyst commented, "Everspin continues to make progress on improving profitability and stabilizing the margins in light of significant... More

Everspin Technologies, Inc. (MRAM) Tops Q1 EPS by 9c, Offers Guidance

May 11, 2022 4:27 PM EDT

Everspin Technologies, Inc. (NASDAQ: MRAM) reported Q1 EPS of $0.09, $0.09 better than the analyst estimate of $0.00. Revenue for the quarter came in at $14.3 million versus the consensus estimate of $13.8 million.

GUIDANCE:

Everspin Technologies, Inc. sees Q2 2022 EPS of ($0.06)-$0.00, versus the consensus... More