Everspin Technologies Inc reports results for the quarter ended in December - Earnings Summary

EverSpin Technologies

02/03/2022 22:02

* Everspin Technologies Inc  MRAM.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 13 cents per share.
    * Revenue rose 82.7% to $18.22 million from a year ago; 
analysts
expected $16.55 million. 
    * Everspin Technologies Inc's reported EPS for the quarter
was 19
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Everspin Technologies Inc shares had fallen by 14.3% this
quarter.
    * The company reported quarterly net income of $3.67
million.
    * Wall Street's median 12-month price target for Everspin
Technologies Inc is $11.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated March 2 at 10:02 p.m.  ​All
figures in US dollars unless otherwise stated