Everspin Technologies MRAM reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Everspin Technologies reported in-line EPS of $0.04 versus an estimate of $0.04.
Revenue was up $499 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 0.86% drop in the share price the next day.
Here's a look at Everspin Technologies's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.05 | ||
| EPS Actual | 0.02 | 0.09 | 0.08 | 0.09 |
| Revenue Estimate | 14.60M | 14.90M | 14.10M | 13.80M |
| Revenue Actual | 15.69M | 15.24M | 14.70M | 14.35M |
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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: EarningsBZI-Recaps