Everspin Technologies: Q4 Earnings Insights

Everspin Technologies MRAM reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Everspin Technologies missed estimated earnings by -25.0%, reporting an EPS of $0.09 versus an estimate of $0.12.

Revenue was up $1.01 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 11.0% drop in the share price the next day.

Here's a look at Everspin Technologies's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.12 0.06 0.04 0.06
EPS Actual 0.11 0.18 0.04 0.02
Revenue Estimate 15.95M 15.00M 14.45M 14.60M
Revenue Actual 16.47M 15.75M 14.85M 15.69M

To track all earnings releases for Everspin Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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