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.

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.

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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