Brief: Everspin Reports First Quarter 2020 Financial Results

EverSpin Technologies

07/05/2020 22:34

May 7 (Reuters) - Everspin Technologies Inc  MRAM.O :
    * EVERSPIN REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS
    * Q1 NON-GAAP LOSS PER SHARE $0.05
    * Q1 GAAP LOSS PER SHARE $0.10
    * Q1 REVENUE $10.1 MILLION VERSUS $10 MILLION
    * SEES Q2 2020 NON-GAAP LOSS PER SHARE $0.00 TO $0.06
EXCLUDING
ITEMS
    * SEES Q2 2020 GAAP LOSS PER SHARE $0.05 TO $0.12
    * SEES Q2 2020 REVENUE $11.5 MILLION TO $12.5 MILLION
    * CASH AND CASH EQUIVALENTS AS OF MARCH 31, 2020 WERE $14.0
MILLION

Source text for Eikon:  ID:nBw1T8ssja 
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