NASDAQ:MRAM

Everspin Reports Unaudited First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

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 first quarter ended March 31, 2024.

Key Points: 
  • 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 first quarter ended March 31, 2024.
  • Licensing, royalty, patent, and other revenue of $3.6 million, compared to $1.1 million in the first quarter of 2023.
  • Everspin encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
  • Everspin will host a conference call for analysts and investors on Wednesday, May 1, 2024, at 5:00 p.m. Eastern Time.

Next-Generation IBM FlashCore Modules Feature Everspin's PERSYST 1 Gigabit STT-MRAM, Enhancing Reliability

Retrieved on: 
Tuesday, April 30, 2024

Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that IBM has chosen the PERSYST EMD4E001G 1Gb STT-MRAM for use in their FlashCore Module 4.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that IBM has chosen the PERSYST EMD4E001G 1Gb STT-MRAM for use in their FlashCore Module 4.
  • The EMD4E001G, a high-performance persistent memory, ensures critical data integrity even during power loss.
  • With a DDR4 interface, it delivers 2.7 gigabytes/second of both read and write bandwidth, coupled with instant non-volatility.
  • View the full release here: https://www.businesswire.com/news/home/20240430370312/en/
    Everspin's PERSYST 1Gb STT-MRAM (Photo: Business Wire)
    “IBM’s decision to use our PERSYST 1Gb MRAM in their newly announced FCM4 reflects the robustness and quality of Everspin’s innovative technology.

Everspin Announces Date of First Quarter 2024 Financial Results Conference Call

Retrieved on: 
Wednesday, April 17, 2024

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 2024 financial results after market close on Wednesday, May 1, 2024.

Key Points: 
  • 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 2024 financial results after market close on Wednesday, May 1, 2024.
  • Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday, May 1st at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

Everspin Technologies Unveils PERSYST, Simplifying Persistent Memory Solutions

Retrieved on: 
Tuesday, April 9, 2024

Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, announced today the new brand name PERSYST for its persistent memory product family.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of magnetoresistive random access memory (MRAM) persistent memory solutions, announced today the new brand name PERSYST for its persistent memory product family.
  • Everspin’s initiative to simplify product identification beyond conventional alphanumeric identifiers promises to make selecting the right solutions easier for clients.
  • “Known for unparalleled persistence, durability, and performance our PERSYST products are used for critical applications where data security is essential,” said Sanjeev Aggarwal, president and CEO of Everspin Technologies.
  • Everspin also will collaborate with Synaptic Labs to showcase EMxxLX’s integration with the xSPI controller on an FPGA evaluation board.

Everspin Technologies Expands Board of Directors with Appointment of Douglas Mitchell

Retrieved on: 
Wednesday, March 13, 2024

Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced the appointment of Douglas Mitchell to its Board of Directors, effective February 26, 2024.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced the appointment of Douglas Mitchell to its Board of Directors, effective February 26, 2024.
  • Mr. Mitchell has held various executive management positions focusing on corporate leadership, technology, marketing and business development of micro-controllers, digital signal processors and memories.
  • During his tenure at Infineon Technologies, he served as Vice President of RAM products, overseeing P&L responsibilities for a broad range of volatile and non-volatile memory technologies.
  • At Everspin, Mr. Mitchell served as Vice President of Sales & Marketing, leading business development efforts for the company's MRAM products shortly after their spin-off from Freescale.

Everspin Technologies Submits Application for U.S. CHIPS and Science Act Funding

Retrieved on: 
Monday, March 11, 2024

Everspin Technologies Inc., (NASDAQ: MRAM), the market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program, which is part of CHIPS for America, with a full application submitted to the National Institute of Standards and Technology, a bureau of the U.S. Department of Commerce.

Key Points: 
  • Everspin Technologies Inc., (NASDAQ: MRAM), the market leader and singular domestic volume producer of MRAM, announced it has applied for the CHIPS Incentives Program, which is part of CHIPS for America, with a full application submitted to the National Institute of Standards and Technology, a bureau of the U.S. Department of Commerce.
  • The submitted application is for additional 200mm MRAM capacity and will increase long term R&D IP capability.
  • “We are pleased to announce that we have recently submitted our proposal for the CHIPS and Science Act, reflecting our dedication to advancing MRAM technology.
  • “The potential funding from the CHIPS Act will be instrumental in further enhancing our capabilities, particularly in expanding our 200mm Toggle and STT-MRAM capacity.

Everspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023.
  • Licensing, royalties, patents, and other revenue of $4.3 million, compared to $1.1 million in the fourth quarter of 2022.
  • GAAP operating expenses of $8.1 million, compared to $7.5 million in the fourth quarter of 2022.
  • Everspin encourages investors to review its financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.

Everspin Technologies to Present at the Baird Virtual Vehicle Technology & Mobility Conference

Retrieved on: 
Monday, February 26, 2024

Everspin Technologies Inc., (NASDAQ: MRAM), the market leader in MRAM, announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will present at the Baird virtual Vehicle Technology & Mobility Conference, on February 29th at 1:05 p.m. Eastern Time.

Key Points: 
  • Everspin Technologies Inc., (NASDAQ: MRAM), the market leader in MRAM, announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will present at the Baird virtual Vehicle Technology & Mobility Conference, on February 29th at 1:05 p.m. Eastern Time.
  • A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at https://www.everspin.com/ .

Everspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call

Retrieved on: 
Wednesday, February 14, 2024

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024.
  • Sanjeev Aggarwal, President and Chief Executive Officer, and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday, February 28th at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

Everspin Technologies Announces Participation in 26th Annual Needham Growth Conference

Retrieved on: 
Wednesday, January 10, 2024

Everspin Technologies Inc., (NASDAQ: MRAM), today announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will participate in the 26th Annual Needham Growth Conference, taking place at the Lotte New York Palace Hotel on January 17th and 18th.

Key Points: 
  • Everspin Technologies Inc., (NASDAQ: MRAM), today announced that Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will participate in the 26th Annual Needham Growth Conference, taking place at the Lotte New York Palace Hotel on January 17th and 18th.
  • Management will be available for one-on-one in-person meetings on both January 17th and 18th.
  • To schedule a meeting please contact your Needham salesperson.