Everspin Technologies: Q1 Earnings Insights

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.


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.


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Posted In: EarningsBZI-Recaps