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

EverSpin Technologies

12/11/2021 24:42

* Everspin Technologies Inc  MRAM.OQ  reported quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for a loss of one cents per share.
* Revenue rose 46.2% to $14.80 million from a year ago; 
analysts expected $12.20 million. 
* Everspin Technologies Inc's reported EPS for the quarter was 4
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 risen by 1.9% this
quarter and gained 43.5% so far this year.
* The company reported quarterly net income of $880 thousand.
* Wall Street's median 12-month price target for Everspin
Technologies Inc is $9.25 
* 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 November 12 at 12:42 a.m.
 ​All figures in US dollars unless otherwise stated