Everspin Technologies Inc expected to post a loss of 1 cent a share - Earnings Preview

EverSpin Technologies

29/10/2024 03:06

* Everspin Technologies Inc  MRAM.OQ   MRAM.O  is expected
to show
a fall in quarterly revenue when it reports  results on October
30 for the period ending September 30 2024
    * The Chandler Arizona-based  company is expected to report
a
27.1% decrease in revenue to $12 million from $16.47 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Everspin Technologies
Inc is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Everspin
Technologies Inc is 9.00​, above​ its last closing price
of $6.51. ​​​

This summary was machine generated October 29 at 03:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)