• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Everspin Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

    2/26/25 4:00:00 PM ET
    $MRAM
    Semiconductors
    Technology
    Get the next $MRAM alert in real time by email

    Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024.

    "We are pleased to report fourth quarter results with revenue above our expectations and earnings per share at the high end of our guidance range," said Sanjeev Aggarwal, President and Chief Executive Officer. "We had a total of 178 design wins in 2024 and we are excited about the opportunities ahead of us to expand our reach in the NOR flash, SRAM and storage markets."

    Fourth Quarter 2024 Results

    • Total revenue of $13.2 million, compared to $16.7 million in the fourth quarter of 2023.
    • MRAM product sales, which includes both Toggle and STT-MRAM revenue, of $11.0 million, compared to $12.4 million in the fourth quarter of 2023.
    • Licensing, royalty, patent, and other revenue of $2.2 million, compared to $4.3 million in the fourth quarter of 2023.
    • Gross margin of 51.3%, compared to 58.1% in the fourth quarter of 2023.
    • GAAP operating expenses of $8.4 million, compared to $8.1 million in the fourth quarter of 2023.
    • Other income, net of $2.6 million, compared to $0.4 million in the fourth quarter of 2023.
    • GAAP net income of $1.2 million, or $0.05 per diluted share, compared to net income of $2.0 million, or $0.09 per diluted share, in the fourth quarter of 2023.
    • Adjusted EBITDA of $3.2 million, compared to $3.6 million in the fourth quarter of 2023.
    • Cash and cash equivalents as of December 31, 2024, increased to $42.1 million.

    Full Year 2024 Results

    • Total revenue of $50.4 million, compared to $63.8 million in 2023.
    • MRAM product sales, which includes both Toggle and STT-MRAM revenue, of $42.2 million, compared to $53.1 million in 2023.
    • Licensing, royalty, patent, and other revenue of $8.2 million, compared to $10.6 million in 2023.
    • Gross margin of 51.8%, compared to 58.4% in 2023.
    • GAAP operating expenses of $33.2 million, compared to $31.4 million in 2023.
    • Other income, net of $7.8 million, compared to $3.2 million in 2023.
    • GAAP net income of $0.8 million, or $0.04 per diluted share, compared to net income of $9.1 million, or $0.42 per diluted share, in 2023.
    • Adjusted EBITDA of $9.2 million, compared to $15.3 million in 2023.

    "Our solid results this quarter were driven by strength in our product revenue and RAD-Hard projects," said Bill Cooper, Everspin's Chief Financial Officer. "Our balance sheet remains strong and we remain committed to maintaining financial discipline while scaling our business and converting additional design wins to revenue."

    Business Outlook

    For the first quarter 2025, Everspin expects total revenue in a range of $12 million to $13 million and GAAP net loss per basic share to be between $(0.10) and $(0.05). Non-GAAP net (loss) income per basic share is anticipated to be between $(0.05) and $0.00.

    A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges are impacted by the timing of employee stock transactions, the future fair market value of Everspin's common stock, and Everspin's future hiring and retention needs, all of which are difficult to predict and subject to constant change. These factors could be material to Everspin's results computed in accordance with GAAP. This outlook is dependent on Everspin's current expectations, which may be impacted by, among other things, evolving external conditions, such as public health-related events or outbreaks, local safety guidelines, worsening impacts due to supply chain constraints or interruptions, including recent market volatility, semiconductor downturn and the other risk factors described in Everspin's filings with the Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, its Quarterly Reports on Form 10-Q filed with the SEC during 2024, as well as in its subsequent filings with the SEC.

    Use of Non-GAAP Financial Measures

    Everspin supplements the reporting of its financial information determined under generally accepted accounting principles in the United States of America (GAAP) with the following non-GAAP financial measures:

    • Non-GAAP net income (loss), which is defined as the GAAP measure, excluding the effect of stock-based compensation charges.
    • Adjusted EBITDA, which is defined as net income adjusted for interest expense, taxes, depreciation and amortization, stock-based compensation expense, and restructuring costs (if any).

    Everspin's management and board of directors use these non-GAAP measures to understand and evaluate its operating performance and trends, to prepare and approve its annual budget and to develop short-term and long-term operating and financing plans. Accordingly, Everspin believes that these non-GAAP measures provide useful information for investors in understanding and evaluating its operating results in the same manner as its management and board of directors. These non-GAAP financial measures should be considered in addition to, not as superior to, or as a substitute for, financial measures reported in accordance with GAAP. Moreover, other companies may define these non-GAAP measures differently, which limits the usefulness of this measure for comparisons with such other companies. Everspin encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Please see the tables included at the end of this release for the reconciliation of GAAP to non-GAAP results.

    Conference Call

    Everspin will host a conference call for analysts and investors on Wednesday, February 26, 2025, at 5:00 p.m. Eastern Time.

    Dial-in details: To access the call by phone, please go to this link and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

    The live webcast of the call will be accessible on Everspin's website at investor.everspin.com. Approximately two hours after conclusion of the live event, an archived webcast of the conference call will be accessible from the Investor Relations section of Everspin's website for twelve months.

    About Everspin Technologies

    Everspin Technologies, Inc. is the world's leading provider of magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry's most robust, highest-performance non-volatile memory for industrial IoT, data centers and other mission-critical applications where data persistence is paramount. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base. For more information, visit www.everspin.com. NASDAQ: MRAM.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements regarding future results that involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward-looking statements, including, but not limited to the statements made under the caption "Business Outlook." Forward-looking statements are identified by words such as "expects" or similar expressions. These include, but are not limited to, Everspin's future financial performance, including the outlook for first quarter 2025 results. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, the risks set forth under the caption "Risk Factors" in Everspin's Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 29, 2024, and its Quarterly Reports on Form 10-Q filed with the SEC during 2024, as well as in its subsequent filings with the SEC. Any forward-looking statements made by Everspin in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. Everspin disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

    EVERSPIN TECHNOLOGIES, INC.

    Balance Sheets

    (In thousands, except share and per share amounts)

    (Unaudited)

     

     

     

     

     

     

     

     

     

    December 31,

     

    December 31,

     

     

    2024

     

    2023

    Assets

     

     

     

     

     

     

    Current assets:

     

     

     

     

     

     

    Cash and cash equivalents

     

    $

    42,097

     

     

    $

    36,946

     

    Accounts receivable, net

     

     

    11,722

     

     

     

    11,554

     

    Inventory

     

     

    9,110

     

     

     

    8,391

     

    Prepaid expenses and other current assets

     

     

    1,272

     

     

     

    988

     

    Total current assets

     

     

    64,201

     

     

     

    57,879

     

    Property and equipment, net

     

     

    3,220

     

     

     

    3,717

     

    Intangible assets, net

     

     

    3,416

     

     

     

    —

     

    Right-of-use assets

     

     

    4,549

     

     

     

    5,495

     

    Other assets

     

     

    2,403

     

     

     

    212

     

    Total assets

     

    $

    77,789

     

     

    $

    67,303

     

     

     

     

     

     

     

     

    Liabilities and Stockholders' Equity

     

     

     

     

     

     

    Current liabilities:

     

     

     

     

     

     

    Accounts payable

     

    $

    2,278

     

     

    $

    2,916

     

    Accrued liabilities

     

     

    2,449

     

     

     

    4,336

     

    Deferred revenue

     

     

    78

     

     

     

    336

     

    Lease liabilities, current portion

     

     

    1,306

     

     

     

    1,190

     

    Contract obligations

     

     

    2,034

     

     

     

    —

     

    Software liabilities, current portion

     

     

    1,769

     

     

     

    —

     

    Total current liabilities

     

     

    9,914

     

     

     

    8,778

     

    Lease liabilities, net of current portion

     

     

    3,336

     

     

     

    4,390

     

    Software liabilities, net of current portion

     

     

    1,784

     

     

     

    —

     

    Long-term income tax liability

     

     

    162

     

     

     

    214

     

    Total liabilities

     

    $

    15,196

     

     

    $

    13,382

     

    Commitments and contingencies (Note 5)

     

     

     

     

     

     

    Stockholders' equity:

     

     

     

     

     

     

    Preferred stock, $0.0001 par value per share; 5,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023, respectively

     

     

    —

     

     

     

    —

     

    Common stock, $0.0001 par value per share; 100,000 000 shares authorized; 22,059,697 and 21,080,472 shares issued and outstanding as of December 31, 2024 and 2023, respectively

     

     

    2

     

     

     

    2

     

    Additional paid-in capital

     

     

    199,460

     

     

     

    191,569

     

    Accumulated deficit

     

     

    (136,869

    )

     

     

    (137,650

    )

    Total stockholders' equity

     

     

    62,593

     

     

     

    53,921

     

    Total liabilities and stockholders' equity

     

    $

    77,789

     

     

    $

    67,303

     

    EVERSPIN TECHNOLOGIES, INC.

    Statements of Income and Comprehensive Income

    (In thousands, except share and per share amounts)

    (Unaudited)

     

     

     

    Year Ended December 31,

     

     

    2024

     

    2023

    Product sales

     

    $

    42,203

     

     

    $

    53,123

     

    Licensing, royalty, patent, and other revenue

     

     

    8,199

     

     

     

    10,642

     

    Total revenue

     

     

    50,402

     

     

     

    63,765

     

    Cost of product sales

     

     

    22,812

     

     

     

    24,693

     

    Cost of licensing, royalty, patent, and other revenue

     

     

    1,464

     

     

     

    1,827

     

    Total cost of sales

     

     

    24,276

     

     

     

    26,520

     

    Gross profit

     

     

    26,126

     

     

     

    37,245

     

    Operating expenses:

     

     

     

     

     

     

    Research and development

     

     

    13,686

     

     

     

    11,776

     

    General and administrative

     

     

    14,141

     

     

     

    14,296

     

    Sales and marketing

     

     

    5,390

     

     

     

    5,288

     

    Total operating expenses

     

     

    33,217

     

     

     

    31,360

     

    (Loss) income from operations

     

     

    (7,091

    )

     

     

    5,885

     

    Interest expense

     

     

    —

     

     

     

    (63

    )

    Other income, net

     

     

    7,832

     

     

     

    3,214

     

    Net income before income taxes

     

     

    741

     

     

     

    9,036

     

    Income tax benefit

     

     

    40

     

     

     

    16

     

    Net income and comprehensive income

     

    $

    781

     

     

    $

    9,052

     

    Net income per common share:

     

     

     

     

     

     

    Basic

     

    $

    0.04

     

     

    $

    0.44

     

    Diluted

     

    $

    0.04

     

     

    $

    0.42

     

    Weighted average shares of common stock outstanding:

     

     

     

     

     

     

    Basic

     

     

    21,642,793

     

     

     

    20,748,302

     

    Diluted

     

     

    22,156,420

     

     

     

    21,367,304

     

    EVERSPIN TECHNOLOGIES, INC.

    Statements of Cash Flows

    (In thousands)

    (Unaudited)

     

     

     

     

     

     

     

     

     

    Year Ended December 31,

     

     

    2024

     

    2023

    Cash flows from operating activities

     

     

     

     

     

     

    Net income

     

    $

    781

     

     

    $

    9,052

     

    Adjustments to reconcile net income to net cash provided by operating activities:

     

     

     

     

     

     

    Depreciation and amortization

     

     

    1,731

     

     

     

    1,205

     

    Gain on sale of property and equipment

     

     

    —

     

     

     

    (15

    )

    Stock-based compensation

     

     

    6,713

     

     

     

    5,005

     

    Loss on prepayment and termination of credit facility

     

     

    —

     

     

     

    170

     

    Non-cash warrant revaluation

     

     

    —

     

     

     

    (25

    )

    Non-cash interest expense

     

     

    —

     

     

     

    26

     

    Changes in operating assets and liabilities:

     

     

     

     

     

     

    Accounts receivable

     

     

    (168

    )

     

     

    (889

    )

    Inventory

     

     

    (719

    )

     

     

    (1,708

    )

    Prepaid expenses and other current assets

     

     

    (284

    )

     

     

    (384

    )

    Other assets

     

     

    (492

    )

     

     

    (150

    )

    Accounts payable

     

     

    (374

    )

     

     

    499

     

    Accrued liabilities

     

     

    (1,939

    )

     

     

    803

     

    Deferred revenue

     

     

    (258

    )

     

     

    (485

    )

    Contract obligations

     

     

    2,034

     

     

     

    —

     

    Lease liabilities, net

     

     

    74

     

     

     

    24

     

    Net cash provided by operating activities

     

     

    7,099

     

     

     

    13,128

     

    Cash flows from investing activities

     

     

     

     

     

     

    Purchases of property and equipment

     

     

    (3,049

    )

     

     

    (1,404

    )

    Purchases of intangible assets

     

     

    (11

    )

     

     

    —

     

    Proceeds received from sale of property and equipment

     

     

    —

     

     

     

    19

     

    Net cash used in investing activities

     

     

    (3,060

    )

     

     

    (1,385

    )

    Cash flows from financing activities

     

     

     

     

     

     

    Payments on long-term debt

     

     

    —

     

     

     

    (2,790

    )

    Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan

     

     

    1,178

     

     

     

    1,198

     

    Payments on finance leases

     

     

    (66

    )

     

     

    —

     

    Net cash provided by (used in) financing activities

     

     

    1,112

     

     

     

    (1,592

    )

    Net increase in cash and cash equivalents

     

     

    5,151

     

     

     

    10,151

     

    Cash and cash equivalents at beginning of period

     

     

    36,946

     

     

     

    26,795

     

    Cash and cash equivalents at end of period

     

    $

    42,097

     

     

    $

    36,946

     

    Supplementary cash flow information:

     

     

     

     

     

     

    Interest paid

     

    $

    —

     

     

    $

    37

     

    Cash paid for taxes

     

    $

    202

     

     

    $

    —

     

    Operating cash flows paid for operating leases

     

    $

    1,399

     

     

    $

    1,384

     

    Financing cash flows paid for finance leases

     

    $

    66

     

     

    $

    12

     

    Non-cash investing and financing activities:

     

     

     

     

     

     

    Internal-use software asset obtained in exchange for software liabilities

     

    $

    3,564

     

     

    $

    —

     

    Right-of-use assets obtained in exchange for finance lease liabilities

     

    $

    297

     

     

    $

    —

     

    Purchases of property and equipment in accounts payable and accrued liabilities

     

    $

    182

     

     

    $

    446

     

    Cashless exercise of warrants

     

    $

    —

     

     

    $

    2

     

    EVERSPIN TECHNOLOGIES, INC.

    Supplemental Reconciliations of GAAP Results to Non-GAAP Financial Measures


    (In thousands, except share and per share amounts)

    (Unaudited)

     

     

     

     

     

     

     

     

     

    Year Ended December 31,

     

     

    2024

     

    2023

     

     

    (in thousands)

    Adjusted EBITDA reconciliation:

     

     

     

     

     

     

    Net income

     

    $

    781

     

     

    $

    9,052

     

    Depreciation and amortization

     

     

    1,731

     

     

     

    1,205

     

    Stock-based compensation expense

     

     

    6,713

     

     

     

    5,005

     

    Interest expense

     

     

    —

     

     

     

    63

     

    Income tax benefit

     

     

    (40

    )

     

     

    (16

    )

    Adjusted EBITDA

     

    $

    9,185

     

     

    $

    15,309

     

     

    Year Ended December 31,

    2024

    2023

     

    Non-GAAP Net income per common share reconciliation:

     

    Net income per common share, diluted

    $

    0.04

    $

    0.42

     

    Stock-based compensation expense

    0.30

    0.23

     

    Non-GAAP Net income per common share, diluted

    $

    0.34

    $

    0.65

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250226733504/en/

    Investor Relations:

    Monica Gould

    The Blueshirt Group

    T: 212-871-3927

    [email protected]

    Get the next $MRAM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MRAM

    DatePrice TargetRatingAnalyst
    5/1/2025Buy
    Needham
    3/3/2022$12.00 → $13.00Strong Buy
    Needham
    11/12/2021$10.00 → $12.00Strong Buy
    Needham
    More analyst ratings

    $MRAM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Everspin Reports Unaudited First Quarter 2025 Financial Results

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, announced preliminary unaudited financial results for the first quarter ended March 31, 2025. "Our recent design wins showcase the strength of our solutions for mission critical applications, as evidenced by our recent contract with Astro Digital, Digital, a supplier of complete satellite systems for deep space missions," said Sanjeev Aggarwal, President and Chief Executive Officer. "To further address these markets, we announced two new products as part of our Orion xSPI family featuring automotive temperature range to addre

      4/30/25 4:00:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Announces Date of First Quarter 2025 Financial Results Conference Call

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, will release its first quarter 2025 financial results after market close on Wednesday, April 30, 2025. Sanjeev Aggarwal, President and Chief Executive Officer, and Bill Cooper, Chief Financial Officer, will host a conference call on Wednesday, April 30 at 5:00 p.m. Eastern Time to discuss the Company's financial results. What: Everspin Technologies, Inc. First Quarter 2025 Financial Results Conference Call When: Wednesday, April 30, 2025 Time: 5 p.m. ET Webcast: https://investor.everspin.com/ (live and repl

      4/16/25 5:00:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Expands High-Reliability MRAM Portfolio with New Automotive-Grade Offerings

      New PERSYST EM064LX and EM128LX HR STT-MRAM Expanding Use in Aerospace, Automotive, and Industrial Applications Unveiled at Embedded World 2025 Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced its latest high-reliability MRAM expansion. The newest additions to the PERSYST EMxxLX family, the EM064LX HR and EM128LX HR, will operate at temperatures from -40°C to +125°C, meeting the AEC-Q100 Grade 1 standard for automotive applications. This expanded temperature range addresses the growing demand for persistent, high-speed memory in aerospace, defense, and extre

      3/10/25 4:00:00 PM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    SEC Filings

    See more
    • SEC Form 10-Q filed by Everspin Technologies Inc.

      10-Q - EVERSPIN TECHNOLOGIES INC. (0001438423) (Filer)

      4/30/25 5:18:22 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Technologies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - EVERSPIN TECHNOLOGIES INC. (0001438423) (Filer)

      4/30/25 4:05:12 PM ET
      $MRAM
      Semiconductors
      Technology
    • SEC Form DEFA14A filed by Everspin Technologies Inc.

      DEFA14A - EVERSPIN TECHNOLOGIES INC. (0001438423) (Filer)

      4/7/25 4:31:07 PM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    Leadership Updates

    Live Leadership Updates

    See more
    • Everspin Technologies Appoints William Cooper as Chief Financial Officer

      Finance leader with 20 years of semiconductor experience joins team to help drive the MRAM revolution Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM), announced that William "Bill" Cooper has joined the company and was appointed Chief Financial Officer, effective January 6, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108493474/en/William Cooper, Everspin CFO (Photo: Business Wire) Cooper joins Everspin from Advanced Micro Devices, Inc. ("AMD"), where he has held various executive finance positions since 2017. He was most recen

      1/8/25 4:00:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Technologies Announces Departure of Chief Financial Officer

      Appoints Matthew Tenorio as Interim Chief Financial Officer; Reiterates Q2 24 Guidance Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that Matthew Tenorio has been appointed Interim Chief Financial Officer, effective July 18, 2024. Tenorio succeeds Anuj Aggarwal, who is leaving Everspin July 26, 2024, to pursue other opportunities. Everspin has initiated a search to identify a permanent CFO. Tenorio rejoined Everspin in June 2024 as an independent consultant providing services in support of finance operations. He previously served as the Company's Cor

      7/18/24 4:05:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Technologies to Join Russell 2000 ® Index

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced its inclusion in the Russell 2000® Index as part of the annual reconstitution of the Russell stock indexes. This inclusion was effective at the opening of U.S. equity markets on Monday, July 1, 2024, based on the preliminary list of additions posted on Friday, May 24, 2024. The annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of Friday, June 28, 2024, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which lasts for one year, guaran

      7/2/24 5:02:00 PM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Needham resumed coverage on Everspin Technologies

      Needham resumed coverage of Everspin Technologies with a rating of Buy

      5/1/25 7:42:13 AM ET
      $MRAM
      Semiconductors
      Technology
    • Needham reiterated coverage on Everspin Technologies with a new price target

      Needham reiterated coverage of Everspin Technologies with a rating of Strong Buy and set a new price target of $13.00 from $12.00 previously

      3/3/22 10:31:45 AM ET
      $MRAM
      Semiconductors
      Technology
    • Needham reiterated coverage on Everspin Technologies with a new price target

      Needham reiterated coverage of Everspin Technologies with a rating of Strong Buy and set a new price target of $12.00 from $10.00 previously

      11/12/21 8:09:14 AM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    Financials

    Live finance-specific insights

    See more
    • Everspin Reports Unaudited First Quarter 2025 Financial Results

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, announced preliminary unaudited financial results for the first quarter ended March 31, 2025. "Our recent design wins showcase the strength of our solutions for mission critical applications, as evidenced by our recent contract with Astro Digital, Digital, a supplier of complete satellite systems for deep space missions," said Sanjeev Aggarwal, President and Chief Executive Officer. "To further address these markets, we announced two new products as part of our Orion xSPI family featuring automotive temperature range to addre

      4/30/25 4:00:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Announces Date of First Quarter 2025 Financial Results Conference Call

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, will release its first quarter 2025 financial results after market close on Wednesday, April 30, 2025. Sanjeev Aggarwal, President and Chief Executive Officer, and Bill Cooper, Chief Financial Officer, will host a conference call on Wednesday, April 30 at 5:00 p.m. Eastern Time to discuss the Company's financial results. What: Everspin Technologies, Inc. First Quarter 2025 Financial Results Conference Call When: Wednesday, April 30, 2025 Time: 5 p.m. ET Webcast: https://investor.everspin.com/ (live and repl

      4/16/25 5:00:00 PM ET
      $MRAM
      Semiconductors
      Technology
    • Everspin Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

      Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024. "We are pleased to report fourth quarter results with revenue above our expectations and earnings per share at the high end of our guidance range," said Sanjeev Aggarwal, President and Chief Executive Officer. "We had a total of 178 design wins in 2024 and we are excited about the opportunities ahead of us to expand our reach in the NOR flash, SRAM and storage markets." Fourth Quarter 2024 Results Total

      2/26/25 4:00:00 PM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Finch Lawrence G was granted 2,342 shares, increasing direct ownership by 0.57% to 410,515 units (SEC Form 4)

      4 - EVERSPIN TECHNOLOGIES INC. (0001438423) (Issuer)

      5/8/25 5:49:18 PM ET
      $MRAM
      Semiconductors
      Technology
    • VP SALES & BUS. DEVELOPMENT Schrenk David sold $114,000 worth of shares (20,000 units at $5.70), decreasing direct ownership by 15% to 114,119 units (SEC Form 4)

      4 - EVERSPIN TECHNOLOGIES INC. (0001438423) (Issuer)

      5/7/25 6:00:05 AM ET
      $MRAM
      Semiconductors
      Technology
    • PRESIDENT AND CEO Aggarwal Sanjeev sold $145,996 worth of shares (29,795 units at $4.90), decreasing direct ownership by 5% to 625,033 units (SEC Form 4)

      4 - EVERSPIN TECHNOLOGIES INC. (0001438423) (Issuer)

      4/3/25 6:14:23 PM ET
      $MRAM
      Semiconductors
      Technology

    $MRAM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Everspin Technologies Inc. (Amendment)

      SC 13G/A - EVERSPIN TECHNOLOGIES INC (0001438423) (Subject)

      2/14/23 12:20:14 PM ET
      $MRAM
      Semiconductors
      Technology
    • SEC Form SC 13G/A filed by Everspin Technologies Inc. (Amendment)

      SC 13G/A - EVERSPIN TECHNOLOGIES INC (0001438423) (Subject)

      8/18/22 6:04:07 AM ET
      $MRAM
      Semiconductors
      Technology
    • SEC Form SC 13G/A filed by Everspin Technologies Inc. (Amendment)

      SC 13G/A - EVERSPIN TECHNOLOGIES INC (0001438423) (Subject)

      2/14/22 6:23:02 AM ET
      $MRAM
      Semiconductors
      Technology