Everspin Technologies

Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. Its products include Toggle MRAM, Spin-transfer Torque MRAM, TMR Sensors, and Embedded MRAM. The company was founded by Saied Tehrani in June 2008 and is headquartered in Chandler, AZ.

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Earnings data Q3 2024

Earnings data Q4 2024

Everspin Technologies reports record revenue in 2022, eyes growth opportunities

Everspin Technologies achieved record-breaking performance in 2022, surpassing revenue targets and demonstrating strong financial metrics. Despite industry challenges, the company remains focused on innovation and growth opportunities in STT-MRAM technology. Optimism surrounds future revenue guidance and customer interest.

Everspin Technologies reports robust Q1 performance and eyes growth opportunities

Everspin Technologies delivered solid financial results in Q1 2023, showcasing revenue growth, debt-free status, and positive net income for the 8th consecutive quarter.
The company's innovative xSPI family products received industry recognition, and strong market demand is reflected in high product backlog and early design-ins.
While challenges in maintaining growth and managing expenses exist, Everspin's opportunities lie in expanding product sales, securing design wins, and leveraging its strong cash position for future growth.

Everspin Technologies reports strong Q2 earnings amidst semiconductor challenges

Everspin Technologies continues its streak of positive financial performance, with revenue growth and consistent profitability in Q2 2023.
Despite industry challenges, the company is innovating product offerings, expanding capabilities, and addressing supply chain constraints to drive future growth.
Opportunities in high-density STT-MRAM products, technological advancements, and specialized market segments position Everspin for sustained success and market leadership.

Everspin Technologies excels in Q3, expands product lines and partnerships

Everspin Technologies demonstrated strong financial performance in Q3, surpassing revenue targets and maintaining profitability.
The company showcased product innovation and strategic partnerships to enhance its market position and expand into new sectors.
While facing challenges in a competitive landscape, Everspin has opportunities for growth through market expansion and technological advancements.

Everspin Technologies reports record revenue and profitability, eyes growth opportunities

Everspin Technologies delivered robust financial performance in 2023, marked by record revenue and profitability.
Despite facing challenges from economic weakness in China, the company's strong cash position and technological focus position them well for future growth.
With a promising pipeline, design wins, and revenue expectations for 2024, Everspin Technologies is poised for continued success in the MRAM market.

Everspin Technologies meets Q1 revenue, eyes growth opportunities ahead

Everspin Technologies met Q1 revenue guidance, with a focus on industrial and aerospace markets. Facing challenges in Asia Pacific and certain end markets for Q2. Positioned for growth with upcoming design wins and IBM partnership.

Everspin Technologies projects revenue growth in Q3 amidst MRAM challenges

Everspin Technologies anticipates a stronger second half of 2024 with expected revenue growth driven by new design wins in the STT-MRAM segment. The company's focus on high-density STT-MRAM products and data center solutions positions it well for future growth.

Everspin Technologies meets Q3 targets, eyes growth in automotive sector

Everspin Technologies demonstrated solid performance in Q3 2024, meeting revenue and EPS targets.
Strengths lie in market traction, diversified product portfolio, strategic partnerships, and active industry participation.
Challenges include market competition, contract execution, production scalability, and supply chain disruptions.
Opportunities exist in market expansion, innovation through partnerships, growth in AI hardware projects, and industry visibility.

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CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its fourth quarter and fiscal year end 2022 financial results after market close on Wednesday, March 1, 2023. Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Wednesday March 1st at 5:00 p.m. Eastern Time to discuss the Company's financial results.

Everspin to Host Fourth Quarter and Fiscal Year End 2022 Earnings Call on March 1, 2023

It's a little too soon to tout MRAM's potential as a universal memory solution but the company is certainly benefiting from secular tailwinds. MRAM's persistence, performance, endurance and reliability advantages are important in a growing number of niche segments.

Everspin's MRAM Memory Has Considerable Potential

CHANDLER, Ariz.--( BUSINESS WIRE )--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced Sanjeev Aggarwal, President and CEO, and Anuj Aggarwal, CFO, will participate in the 25th Annual Needham Growth Conference at the Lotte NY Palace Hotel in New York City on January 10-12, 2023.

Everspin Technologies to Participate in the 25th Annual Needham Growth Conference

CHANDLER, Ariz.--( BUSINESS WIRE )--Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) non-volatile solutions, has announced that Rimac Technology has selected its 256 Kilobit MRAM for use in the innovative all-electric Nevera hypercar, an elite sports vehicle produced by sister company Bugatti-Rimac.

Everspin Announces That Rimac Technology Has Selected Its 256Kbit MRAM For Their All-Electric Nevera Sports Car

CHANDLER, Ariz.--( BUSINESS WIRE )--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced today it is working with state and federal government sources to secure funding to add capacity and capabilities for MRAM trusted manufacturing.

Everspin Explores Domestic Trusted Manufacturing Expansion

Micron Technology

Lesser known Everspin comes with the MRAM ticker which is coincidentally also the name of its memory technology, used mostly for specialized applications, but should see more traction for AI. By comparison, computing memory giant Micron's DRAMs are widely used in consumer products seeing a slump in demand and high inventories.

Everspin Is Better Than Micron Based On Memory Technology And Other Metrics

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Sanjeev Aggarwal - Chief Executive Officer Anuj Aggarwal - Chief Financial Officer Conference Call Participants Nicholas Doyle - Needham Operator Good afternoon, and welcome to the conference call to discuss Everspin Technologies' Third Quarter 2022 Financial Results. At this time, all participants are in a listen-only mode.

Everspin Technologies, Inc. (MRAM) Q3 2022 Earnings Call Transcript

Everspin Reports Unaudited Third Quarter 2022 Financial Results

Everspin Announces Commercial Availability of Its EMxxLX STT-MRAM Devices

Everspin Technologies Joins the Global Semiconductor Alliance

Everspin to Host Third Quarter 2022 Earnings Call on November 9, 2022

QuickLogic

Everspin Signs Contract to Provide MRAM IP, Design and Manufacturing Services for Strategic Radiation Hardened FPGA Technology.

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Sanjeev Aggarwal - President & Chief Executive Officer Anuj Aggarwal - Chief Financial Officer Conference Call Participants Richard Shannon - Craig-Hallum Nicolas Doyle - Needham & Company Operator Good afternoon and welcome to the conference call to discuss Everspin Technologies Second Quarter 2022 Financial Results. [Operator Instructions] As a reminder, this conference call is being recorded today, Thursday, August 11, 2022.

Everspin Technologies, Inc. (MRAM) CEO Sanjeev Aggarwal on Q2 2022 Results - Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the second quarter of 2022. Second Quarter 2022 Highlights Q2'22 revenue increased $0.4 million, or 3%, to $14.7 million from $14.3 million for Q1'22. Q2'22 revenue increased $2.9 million, or 24% from $11.8 million in Q2'21. The Company reported net income of $1.7 million for Q2'22, compared to $1.9 million for Q1'22, and $0.3 milli

Everspin Reports Unaudited Second Quarter 2022 Financial Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, has announced that the company has engineering samples of its newest, high-density STT-MRAM, the EM128LX. This product supports the Expanded SPI (xSPI) standard protocol and has a capacity of 128 Megabits, twice that of the previously announced 64Mbit EM064LX. The combination of increased density

Everspin Announces New STT-MRAM EM128LX xSPI Memory.

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, will release its second quarter 2022 financial results after market close on Thursday, August 11, 2022. Sanjeev Aggarwal, President and Chief Executive Officer and Anuj Aggarwal, Chief Financial Officer, will host a conference call on Thursday, August 11th at 5:00 p.m. Eastern Time to discuss the Company's financial results. To participate and ask questions, please pre-register online to rec

Everspin to Host Second Quarter 2022 Earnings Call on August 11th, 2022

CHANDLER, Ariz.--(BUSINESS WIRE)--Embedded World Fair: Menta and Everspin Technologies will demonstrate an innovative collaboration with MRAM and eFPGA

Embedded World Fair: Menta and Everspin Technologies will demonstrate an innovative collaboration with MRAM and eFPGA

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Showcases New STT-MRAM Products at Embedded World 2022 June 21-23

Everspin to Showcase New STT-MRAM Products at Embedded World 2022 June 21-23, CEO to present details on IoT and FPGA focused MRAM

Everspin Technologies, Inc. (NASDAQ:MRAM ) Q1 2022 Earnings Conference Call May 11, 2022 5:00 PM ET Company Participants Sanjeev Aggarwal – Chief Executive Officer Anuj Aggarwal – Chief Financial Officer Conference Call Participants Rajvindra S. Gill – Needham & Company Richard Shannon – Craig-Hallum Operator Good afternoon, and welcome to the conference call to discuss Everspin Technologies First Quarter 2022 Financial Results.

Everspin Technologies, Inc. (MRAM) CEO Sanjeev Aggarwal on Q1 2022 Results - Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--MRAM Q122' Earnings Release

Everspin Reports Unaudited First Quarter 2022 Financial Results

Everspin Technologies just launched another MRAM line of semiconductors. Unique patented-technology is rated as the most robust, longest memory storage chip inventions for critical operating environments.

Everspin: High-Growth Semiconductor Pick With New Product Line

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Announces EMxxLX xSPI Family of Products

Everspin Announces EMxxLX xSPI Family of Products

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin to Host First Quarter 2022 Earnings Call on May 11th, 2022.

Everspin to Host First Quarter 2022 Earnings Call on May 11th, 2022

Everspin Technologies, Inc. (MRAM) CEO Darin Billerbeck on Q4 2021 Results - Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter and Full Year 2021 Highlights 2021 full year revenue increased $13.1 million, or 31%, to $55.1 million from $42.0 million in the prior year. Q4'21 revenue increased $3.4 million, or 23%, to $18.2 million from $14.8 million in the prior quarter. This is an incre

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