Everspin Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

EverSpin Technologies

05/08/2026 22:01

Everspin Technologies Inc MRAM.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of three analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 7 cents to 11 cents per share.
Revenue rose 41.9% to $18.74 million from a year ago; analysts expected $17.30 million. 
Everspin Technologies Inc's reported EPS for the quarter was a loss of 15 cents​.
The company reported a quarterly loss of $3.59 million.
Everspin Technologies Inc shares had fallen by 28.0% this quarter and gained 87.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" 
Wall Street's median 12-month price target for Everspin Technologies Inc is $18.50, about 5.8% above its last closing price of $17.42
This summary was machine generated from LSEG data August 5 at 09:01 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.09
0.11
Beat
Mar. 31 2026 
0.09
0.11
Beat
Dec. 31 2025 
0.12
0.11
Missed
Sep. 30 2025 
0.05
0.06
Beat