NASDAQ:MRAM

Everspin Reports Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Hardware, Semiconductor, Automotive Manufacturing, Electronic Design Automation, Security, Data Management, Satellite, Manufacturing, Consumer Electronics, Technology, Telecommunications, Software, Networks, Internet, Mobile, Wireless, Engineering, Embedded, Back to the Basics (EP), Bank statement, COVID-19, Tax, STT-MRAM, Toggle, GAAP, Risk, EBITDA, Royalty payment, Annual report, Memory, Depreciation, Security (finance), EPS, Conference, Cryptocurrency, Video game, Everspin Technologies, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2023.
  • Gross margin for the first quarter of 2023 was 56.8%, compared to 51.4% in the fourth quarter of 2022 and 58.0% in the first quarter of 2022.
  • For the second quarter 2023, Everspin expects total revenue in a range of $14.5 million to $15.5 million.
  • 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 to Host First Quarter 2023 Earnings Call on May 3, 2023

Retrieved on: 
Wednesday, April 19, 2023
Technology, Hardware, Data Management, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its first quarter 2023 financial results after market close on Wednesday, May 3, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its first quarter 2023 financial results after market close on Wednesday, May 3, 2023.
  • Sanjeev Aggarwal, President and Chief Executive Officer, and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday, May 3rd, at 5:00 p.m. Eastern Time to discuss the Company’s financial results.
  • To participate and ask questions, please pre-register online to receive a telephone number and a unique passcode at: https://register.vevent.com/register/BI8512ca5788a746568c403e2724e45a30 .
  • The conference call will be broadcast live in listen-only mode at: https://edge.media-server.com/mmc/p/pr4jtunw .

 Everspin Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023
Technology, Hardware, Data Management, STT-MRAM, Back to the Basics (EP), Toggle, Sale, Security (finance), EPS, Depreciation, EBITDA, Tax, GAAP, Patent, Royalty payment, Bank statement, Traction, Total, STT, IP, Annual report, COVID-19, Risk, Video game, Cryptocurrency, MRAM, Everspin Technologies

MRAM product sales in the fourth quarter of 2022, which includes both Toggle and STT-MRAM revenue, was $14.6 million in the fourth quarter of 2022, and remained consistent with the third quarter of 2022.

Key Points: 
  • MRAM product sales in the fourth quarter of 2022, which includes both Toggle and STT-MRAM revenue, was $14.6 million in the fourth quarter of 2022, and remained consistent with the third quarter of 2022.
  • Licensing, Royalties, Patents and Other revenue in the fourth quarter of 2022 was $1.1 million compared to $0.7 million in the third quarter of 2022 and $5.6 million in the fourth quarter of 2021.
  • GAAP operating expenses was $7.5 million in the fourth quarter of 2022, compared to $7.1 million in the third quarter of 2022 and $7.7 million in the fourth quarter of 2021.
  • Everspin generated cash flows from operating activities of $5.2 million in the fourth quarter of 2022, compared to $0.9 million in the third quarter of 2022, and $6.4 million in the fourth quarter of 2021.

Everspin to Host Fourth Quarter and Fiscal Year End 2022 Earnings Call on March 1, 2023

Retrieved on: 
Tuesday, February 14, 2023
Software, Networks, Internet, Hardware, Data Management, Technology, Mobile, Wireless, Security, Online shopping, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and fiscal year end 2022 financial results after market close on Wednesday, March 1, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and fiscal year end 2022 financial results after market close on Wednesday, March 1, 2023.
  • Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday March 1st at 5:00 p.m. Eastern Time to discuss the Company’s financial results.
  • The 10-K will be available for viewing on Thursday, March 2.
  • To participate and ask questions, please pre-register online to receive a telephone number and a unique passcode at: https://register.vevent.com/register/BI04765d4422f44cbd84676412c4bb3bee
    The conference call will be broadcast live in listen-only mode at: https://edge.media-server.com/mmc/p/svhtcoq3

Everspin Technologies to Participate in the 25th Annual Needham Growth Conference

Retrieved on: 
Monday, January 9, 2023
Semiconductor, IOT (Internet of Things), Hardware, Data Management, Technology, Conference, CFO, Everspin Technologies, Lotte, Hotel, Financial services, Management, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate in the 25th Annual Needham Growth Conference at the Lotte NY Palace Hotel in New York City on January 10-12, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate in the 25th Annual Needham Growth Conference at the Lotte NY Palace Hotel in New York City on January 10-12, 2023.
  • Portfolio managers and analysts who would like to request a meeting with management should contact a representative of Everspin Technologies.

Everspin Announces That Rimac Technology Has Selected Its 256Kbit MRAM For Their All-Electric Nevera Sports Car

Retrieved on: 
Wednesday, November 30, 2022
Other Manufacturing, Technology, EV, Electric Vehicles, Semiconductor, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Hardware, Rimac Automobili, Data center, Magnetoresistance, EV, Annual report, MRAM, Memory, Industrial, Magnetoresistive RAM, Business, Computer data storage, Everspin Technologies, Automotive industry

We are very excited to have been designed into the Rimac all-electric vehicles.

Key Points: 
  • We are very excited to have been designed into the Rimac all-electric vehicles.
  • The robustness of the Everspin MRAM has given Rimac the confidence needed to adopt it in the highest performance all-electric hypercar in the world, said Marin Vidas, Embedded Hardware Development Manager of Rimac Technology.
  • We are pleased to see Everspin become a trusted supplier as we launch the Nevera model.
  • Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base.

Everspin Explores Domestic Trusted Manufacturing Expansion

Retrieved on: 
Monday, November 21, 2022
IOT (Internet of Things), Hardware, Manufacturing, Other Manufacturing, Technology, Advanced Technology Development Center, Federation, Data center, Industrial, Federal government of the United States, MRAM, Technology transfer, Magnetoresistive RAM, Research, STT-MRAM, BEOL, Annual report, Magnetoresistance, Growth, United States Department of Defense, History, Computer data storage, Renewable energy, Toggle, Automotive industry, Everspin Technologies

Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location.

Key Points: 
  • Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location.
  • Everspin is in a unique position to leverage its significant MRAM patent portfolio; 15 year history of manufacturing MRAM domestically and 10 year history of manufacturing MRAM as a BEOL foundry service for commercial and DoD applications.
  • Expanding the capacity of MRAM manufacturing domestically is of strategic benefit for Everspin and its commercial and US Government partners.
  • When funding is fully secured, Everspin will kick off the activities to move this exciting project forward, says Sanjeev Aggarwal, Everspin President & CEO.

Everspin Announces Commercial Availability of Its EMxxLX STT-MRAM Devices

Retrieved on: 
Wednesday, November 2, 2022
Hardware, Data Management, Engineering, Technology, IOT (Internet of Things), Aerospace, Semiconductor, Manufacturing, BBSRAM, IOT, Magnetoresistance, Annual report, Life, CEO, SPI, FPGA, MRAM, SEC, Magnetoresistive RAM, NOR, STT-MRAM, Data, Technology, Memory, Hertz, NVSRAM, Aviation, NASDAQ, Radiation, Industrial, Multimedia, FRAM, Solution, Flash, SRAM, Computer data storage, Everspin Technologies, Airbus, Automotive industry

View the full release here: https://www.businesswire.com/news/home/20221102005170/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221102005170/en/
    The EMxxLX offers the industrys first xSPI serial interface based on Everspins unique STT-MRAM technology.
  • The EMxxLX family can replace alternative solutions, such as SRAM, BBSRAM, FRAM, NVSRAM, and NOR flash devices.
  • Our EMxxLX MRAM devices offer SRAM-like performance with low latency, maintain memory without requiring power, and have extremely high endurance.
  • The EMxxLX devices are now in volume production and may be purchased from Everspin directly or through Everspins distributor network.

Everspin Technologies Joins the Global Semiconductor Alliance

Retrieved on: 
Tuesday, November 1, 2022
Technology, Mobile, Wireless, Engineering, Automotive Manufacturing, Manufacturing, Software, Networks, Internet, Hardware, Electronic Design Automation, Semiconductor, Data Management, Security, Consumer Electronics, Magnetoresistance, Software, Growth, Annual report, Collaboration, CEO, MRAM, Semiconductor, Data center, WeChat, YouTube, SEC, Magnetoresistive RAM, Industry, STT-MRAM, Technology, Human, GSA, NASDAQ, Industrial, Solution, Computer data storage, Facebook, Everspin Technologies, Alliance, Automotive industry

Everspin Technologies, Inc. is pleased to announce that they have become a member of Global Semiconductor Alliance (GSA), the voice of the global semiconductor industry.

Key Points: 
  • Everspin Technologies, Inc. is pleased to announce that they have become a member of Global Semiconductor Alliance (GSA), the voice of the global semiconductor industry.
  • We are very pleased to have Everspin Technologies join the GSA, said Jodi Shelton, co-founder and CEO of GSA.
  • Everspin brings a wealth of industry knowledge to the Alliance, and we look forward to their contributions to our industry events, interest groups and resources.
  • As the GSA gains new members, we are ultimately supporting and enhancing the global semiconductor ecosystem.