Everspin Technologies Reports Q3 Revenue Growth and Provides Q4 Guidance
Everspin Technologies (MRAM) reported third-quarter revenue of $20.6 million, driven by a 34% year-over-year increase in product revenue. The company also posted a non-GAAP earnings per share (EPS) of $0.12 for the quarter. Looking ahead, Everspin issued Q4 revenue guidance in the range of $21.5 million to $22.5 million. Additionally, management provided long-term strategic context by targeting the first qualified silicon for its next-generation technology in the second half of 2027.
Tickers: $MRAM
Topics: earnings per share financial results MRAM revenue growth