Brief: Everspin Technologies Reports Q4 GAAP Loss Per Share Of $0.17

EverSpin Technologies

12/03/2020 21:56

March 12 (Reuters) - Everspin Technologies Inc  MRAM.O :
    * EVERSPIN REPORTS FOURTH QUARTER AND FISCAL YEAR 2019
FINANCIAL
RESULTS
    * Q4 GAAP LOSS PER SHARE $0.17
    * SEES Q1 2020 REVENUE $9.5 MILLION TO $9.9 MILLION
    * Q4 REVENUE $9.7 MILLION VERSUS $12.3 MILLION
    * SEES Q1 2020 NON-GAAP LOSS PER SHARE $0.05 TO $0.09
    * SEES Q1 2020 GAAP LOSS PER SHARE $0.11 TO $0.15
    * ENDED YEAR WITH CASH AND EQUIVALENTS OF $14.5 MILLION
    * RECENTLY IMPLEMENTED A RESTRUCTURING PLAN
    * SUSPENDED USE OF AT-THE-MARKET FACILITY PUT IN PLACE LAST
YEAR

Source text for Eikon:  ID:nBw9zpfDza 
Further company coverage:  MRAM.O 

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