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

EverSpin Technologies

12/08/2021 23:11

* Everspin Technologies Inc  MRAM.OQ  reported quarterly
adjusted earnings of 4 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for a loss of 4 cents per share.
* Revenue rose 0.2% to $11.85 million from a year ago;  analysts
expected $11.45 million. 
* Everspin Technologies Inc's reported EPS for the quarter was 1
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 13.5% this
quarter and gained 20.9% so far this year.
* The company reported quarterly net income of $256 thousand.
* Wall Street's median 12-month price target for Everspin
Technologies Inc is $9.00 
* 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 August 12 at 10:11 p.m.  ​All
figures in US dollars unless otherwise stated