Everspin Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results
Everspin Technologies (NASDAQ: MRAM) reported Q4 2024 financial results with revenue of $13.2 million, down from $16.7 million in Q4 2023. The company achieved 178 design wins in 2024.
Q4 highlights include MRAM product sales of $11.0 million, gross margin of 51.3%, and GAAP net income of $1.2 million ($0.05 per diluted share). Cash position strengthened to $42.1 million.
Full year 2024 results showed total revenue of $50.4 million compared to $63.8 million in 2023, with MRAM product sales of $42.2 million. The company maintained a gross margin of 51.8% and reported GAAP net income of $0.8 million ($0.04 per diluted share).
For Q1 2025, Everspin projects revenue between $12-13 million with an expected GAAP net loss per share between $(0.10) and $(0.05).
Everspin Technologies (NASDAQ: MRAM) ha riportato i risultati finanziari del Q4 2024 con un fatturato di 13,2 milioni di dollari, in calo rispetto ai 16,7 milioni di dollari del Q4 2023. L'azienda ha raggiunto 178 successi di design nel 2024.
I punti salienti del Q4 includono vendite di prodotti MRAM per 11,0 milioni di dollari, un margine lordo del 51,3% e un reddito netto GAAP di 1,2 milioni di dollari (0,05 dollari per azione diluita). La posizione di cassa è migliorata a 42,1 milioni di dollari.
I risultati dell'intero anno 2024 hanno mostrato un fatturato totale di 50,4 milioni di dollari rispetto ai 63,8 milioni di dollari del 2023, con vendite di prodotti MRAM pari a 42,2 milioni di dollari. L'azienda ha mantenuto un margine lordo del 51,8% e ha riportato un reddito netto GAAP di 0,8 milioni di dollari (0,04 dollari per azione diluita).
Per il Q1 2025, Everspin prevede un fatturato compreso tra 12 e 13 milioni di dollari, con una perdita netta GAAP per azione prevista tra $(0,10) e $(0,05).
Everspin Technologies (NASDAQ: MRAM) informó los resultados financieros del Q4 2024 con ingresos de 13,2 millones de dólares, una disminución con respecto a los 16,7 millones de dólares en el Q4 2023. La compañía logró 178 éxitos de diseño en 2024.
Los aspectos destacados del Q4 incluyen ventas de productos MRAM por 11,0 millones de dólares, un margen bruto del 51,3% y un ingreso neto GAAP de 1,2 millones de dólares (0,05 dólares por acción diluida). La posición de efectivo se fortaleció a 42,1 millones de dólares.
Los resultados del año completo 2024 mostraron ingresos totales de 50,4 millones de dólares en comparación con 63,8 millones de dólares en 2023, con ventas de productos MRAM de 42,2 millones de dólares. La compañía mantuvo un margen bruto del 51,8% y reportó un ingreso neto GAAP de 0,8 millones de dólares (0,04 dólares por acción diluida).
Para el Q1 2025, Everspin proyecta ingresos entre 12 y 13 millones de dólares con una pérdida neta GAAP por acción esperada entre $(0,10) y $(0,05).
Everspin Technologies (NASDAQ: MRAM)는 2024년 4분기 재무 결과를 보고하며 매출이 1320만 달러로, 2023년 4분기의 1670만 달러에서 감소했다고 발표했습니다. 회사는 2024년에 178건의 디자인 승리를 달성했습니다.
4분기 주요 내용으로는 MRAM 제품 판매가 1100만 달러, 총 마진이 51.3%, GAAP 기준 순이익이 120만 달러(희석 주당 0.05달러)로 나타났습니다. 현금 보유액은 4210만 달러로 강화되었습니다.
2024년 전체 결과는 총 매출이 5040만 달러로, 2023년의 6380만 달러와 비교되었습니다. MRAM 제품 판매는 4220만 달러였습니다. 회사는 51.8%의 총 마진을 유지하며 GAAP 기준 순이익은 80만 달러(희석 주당 0.04달러)로 보고했습니다.
2025년 1분기에는 Everspin이 1200만 달러에서 1300만 달러 사이의 매출을 예상하고 있으며, 주당 GAAP 기준 순손실은 $(0.10)에서 $(0.05) 사이로 예상하고 있습니다.
Everspin Technologies (NASDAQ: MRAM) a annoncé les résultats financiers du T4 2024 avec un chiffre d'affaires de 13,2 millions de dollars, en baisse par rapport à 16,7 millions de dollars au T4 2023. L'entreprise a réalisé 178 succès de conception en 2024.
Les faits marquants du T4 comprennent des ventes de produits MRAM s'élevant à 11,0 millions de dollars, une marge brute de 51,3% et un bénéfice net GAAP de 1,2 million de dollars (0,05 dollar par action diluée). La position de trésorerie a été renforcée à 42,1 millions de dollars.
Les résultats de l'année complète 2024 ont montré un chiffre d'affaires total de 50,4 millions de dollars contre 63,8 millions de dollars en 2023, avec des ventes de produits MRAM de 42,2 millions de dollars. L'entreprise a maintenu une marge brute de 51,8% et a déclaré un bénéfice net GAAP de 0,8 million de dollars (0,04 dollar par action diluée).
Pour le T1 2025, Everspin prévoit un chiffre d'affaires compris entre 12 et 13 millions de dollars, avec une perte nette GAAP par action attendue entre $(0,10) et $(0,05).
Everspin Technologies (NASDAQ: MRAM) hat die finanziellen Ergebnisse für das 4. Quartal 2024 bekannt gegeben, mit einem Umsatz von 13,2 Millionen Dollar, was einen Rückgang von 16,7 Millionen Dollar im 4. Quartal 2023 bedeutet. Das Unternehmen erzielte 178 Designgewinne im Jahr 2024.
Die Highlights des 4. Quartals umfassen MRAM-Produktverkäufe von 11,0 Millionen Dollar, eine Bruttomarge von 51,3% und einen GAAP-Nettoeinkommen von 1,2 Millionen Dollar (0,05 Dollar pro verwässerter Aktie). Die Liquiditätsposition wurde auf 42,1 Millionen Dollar gestärkt.
Die Ergebnisse des gesamten Jahres 2024 zeigten einen Gesamtumsatz von 50,4 Millionen Dollar im Vergleich zu 63,8 Millionen Dollar im Jahr 2023, mit MRAM-Produktverkäufen von 42,2 Millionen Dollar. Das Unternehmen hielt eine Bruttomarge von 51,8% und berichtete ein GAAP-Nettoeinkommen von 0,8 Millionen Dollar (0,04 Dollar pro verwässerter Aktie).
Für das 1. Quartal 2025 prognostiziert Everspin einen Umsatz zwischen 12 und 13 Millionen Dollar mit einem erwarteten GAAP-Nettoverlust pro Aktie zwischen $(0,10) und $(0,05).
- Strong cash position of $42.1M
- 178 design wins in 2024
- Maintained healthy gross margin of 51.3% in Q4
- Q4 revenue exceeded expectations
- Q4 revenue declined 21% YoY to $13.2M
- Full-year revenue dropped 21% to $50.4M
- Net income decreased 91% YoY to $0.8M
- Projected Q1 2025 net loss
- Gross margin declined from 58.1% to 51.3% YoY
Insights
Everspin Technologies' Q4 2024 results present a mixed picture that requires careful analysis. While the company exceeded revenue expectations and hit the high end of EPS guidance, the 21% year-over-year revenue decline to $13.2 million reveals significant headwinds. Both product sales and licensing revenue contracted substantially, with full-year revenue falling to $50.4 million from $63.8 million in 2023.
The 178 design wins in 2024 represent a important leading indicator, but the substantial gap between design win momentum and actual revenue performance warrants attention. Typically in the semiconductor memory space, design wins take 12-24 months to translate into meaningful revenue, suggesting potential growth in late 2025-2026 if conversion rates hold.
The gross margin compression from 58.4% to 51.8% year-over-year indicates potential pricing pressure or unfavorable product mix shifts. This 660 basis point decline significantly impacts profitability, explaining much of the dramatic drop in annual net income from $9.1 million to just $0.8 million.
Notably, Everspin's balance sheet strength stands out with $42.1 million in cash, representing approximately 33% of the company's market capitalization. This substantial cash position provides both downside protection and resources to weather the current downturn while investing in converting design wins to revenue.
The $7.8 million in "other income" for 2024 effectively saved the company from reporting an annual loss. This non-operational boost (likely from interest income and possibly grant funding for RAD-Hard projects) masks deeper operational challenges that management must address.
Looking ahead, the Q1 2025 guidance projecting losses signals continued near-term pressure, aligning with broader semiconductor memory market weakness. However, Everspin's focus on specialized MRAM technology targeting NOR flash and SRAM replacement opportunities positions it in higher-margin, specialized segments that may recover faster than commodity memory markets.
“We are pleased to report fourth quarter results with revenue above our expectations and earnings per share at the high end of our guidance range,” said Sanjeev Aggarwal, President and Chief Executive Officer. “We had a total of 178 design wins in 2024 and we are excited about the opportunities ahead of us to expand our reach in the NOR flash, SRAM and storage markets.”
Fourth Quarter 2024 Results
-
Total revenue of
, compared to$13.2 million in the fourth quarter of 2023.$16.7 million -
MRAM product sales, which includes both Toggle and STT-MRAM revenue, of
, compared to$11.0 million in the fourth quarter of 2023.$12.4 million -
Licensing, royalty, patent, and other revenue of
, compared to$2.2 million in the fourth quarter of 2023.$4.3 million -
Gross margin of
51.3% , compared to58.1% in the fourth quarter of 2023. -
GAAP operating expenses of
, compared to$8.4 million in the fourth quarter of 2023.$8.1 million -
Other income, net of
, compared to$2.6 million in the fourth quarter of 2023.$0.4 million -
GAAP net income of
, or$1.2 million per diluted share, compared to net income of$0.05 , or$2.0 million per diluted share, in the fourth quarter of 2023.$0.09 -
Adjusted EBITDA of
, compared to$3.2 million in the fourth quarter of 2023.$3.6 million -
Cash and cash equivalents as of December 31, 2024, increased to
.$42.1 million
Full Year 2024 Results
-
Total revenue of
, compared to$50.4 million in 2023.$63.8 million -
MRAM product sales, which includes both Toggle and STT-MRAM revenue, of
, compared to$42.2 million in 2023.$53.1 million -
Licensing, royalty, patent, and other revenue of
, compared to$8.2 million in 2023.$10.6 million -
Gross margin of
51.8% , compared to58.4% in 2023. -
GAAP operating expenses of
, compared to$33.2 million in 2023.$31.4 million -
Other income, net of
, compared to$7.8 million in 2023.$3.2 million -
GAAP net income of
, or$0.8 million per diluted share, compared to net income of$0.04 , or$9.1 million per diluted share, in 2023.$0.42 -
Adjusted EBITDA of
, compared to$9.2 million in 2023.$15.3 million
“Our solid results this quarter were driven by strength in our product revenue and RAD-Hard projects,” said Bill Cooper, Everspin’s Chief Financial Officer. “Our balance sheet remains strong and we remain committed to maintaining financial discipline while scaling our business and converting additional design wins to revenue.”
Business Outlook
For the first quarter 2025, Everspin expects total revenue in a range of
A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges are impacted by the timing of employee stock transactions, the future fair market value of Everspin’s common stock, and Everspin’s future hiring and retention needs, all of which are difficult to predict and subject to constant change. These factors could be material to Everspin’s results computed in accordance with GAAP. This outlook is dependent on Everspin's current expectations, which may be impacted by, among other things, evolving external conditions, such as public health-related events or outbreaks, local safety guidelines, worsening impacts due to supply chain constraints or interruptions, including recent market volatility, semiconductor downturn and the other risk factors described in Everspin's filings with the Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, its Quarterly Reports on Form 10-Q filed with the SEC during 2024, as well as in its subsequent filings with the SEC.
Use of Non-GAAP Financial Measures
Everspin supplements the reporting of its financial information determined under generally accepted accounting principles in
- Non-GAAP net income (loss), which is defined as the GAAP measure, excluding the effect of stock-based compensation charges.
- Adjusted EBITDA, which is defined as net income adjusted for interest expense, taxes, depreciation and amortization, stock-based compensation expense, and restructuring costs (if any).
Everspin’s management and board of directors use these non-GAAP measures to understand and evaluate its operating performance and trends, to prepare and approve its annual budget and to develop short-term and long-term operating and financing plans. Accordingly, Everspin believes that these non-GAAP measures provide useful information for investors in understanding and evaluating its operating results in the same manner as its management and board of directors. These non-GAAP financial measures should be considered in addition to, not as superior to, or as a substitute for, financial measures reported in accordance with GAAP. Moreover, other companies may define these non-GAAP measures differently, which limits the usefulness of this measure for comparisons with such other companies. Everspin encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Please see the tables included at the end of this release for the reconciliation of GAAP to non-GAAP results.
Conference Call
Everspin will host a conference call for analysts and investors on Wednesday, February 26, 2025, at 5:00 p.m. Eastern Time.
Dial-in details: To access the call by phone, please go to this link and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
The live webcast of the call will be accessible on Everspin’s website at investor.everspin.com. Approximately two hours after conclusion of the live event, an archived webcast of the conference call will be accessible from the Investor Relations section of Everspin’s website for twelve months.
About Everspin Technologies
Everspin Technologies, Inc. is the world’s leading provider of magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest-performance non-volatile memory for industrial IoT, data centers and other mission-critical applications where data persistence is paramount. Headquartered in
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements regarding future results that involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward-looking statements, including, but not limited to the statements made under the caption “Business Outlook.” Forward-looking statements are identified by words such as “expects” or similar expressions. These include, but are not limited to, Everspin’s future financial performance, including the outlook for first quarter 2025 results. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, the risks set forth under the caption “Risk Factors” in Everspin’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 29, 2024, and its Quarterly Reports on Form 10-Q filed with the SEC during 2024, as well as in its subsequent filings with the SEC. Any forward-looking statements made by Everspin in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. Everspin disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.
EVERSPIN TECHNOLOGIES, INC.
|
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|
|
|
|
|
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|
December 31, |
|
December 31, |
||||
|
|
2024 |
|
2023 |
||||
Assets |
|
|
|
|
|
|
||
Current assets: |
|
|
|
|
|
|
||
Cash and cash equivalents |
|
$ |
42,097 |
|
|
$ |
36,946 |
|
Accounts receivable, net |
|
|
11,722 |
|
|
|
11,554 |
|
Inventory |
|
|
9,110 |
|
|
|
8,391 |
|
Prepaid expenses and other current assets |
|
|
1,272 |
|
|
|
988 |
|
Total current assets |
|
|
64,201 |
|
|
|
57,879 |
|
Property and equipment, net |
|
|
3,220 |
|
|
|
3,717 |
|
Intangible assets, net |
|
|
3,416 |
|
|
|
— |
|
Right-of-use assets |
|
|
4,549 |
|
|
|
5,495 |
|
Other assets |
|
|
2,403 |
|
|
|
212 |
|
Total assets |
|
$ |
77,789 |
|
|
$ |
67,303 |
|
|
|
|
|
|
|
|
||
Liabilities and Stockholders’ Equity |
|
|
|
|
|
|
||
Current liabilities: |
|
|
|
|
|
|
||
Accounts payable |
|
$ |
2,278 |
|
|
$ |
2,916 |
|
Accrued liabilities |
|
|
2,449 |
|
|
|
4,336 |
|
Deferred revenue |
|
|
78 |
|
|
|
336 |
|
Lease liabilities, current portion |
|
|
1,306 |
|
|
|
1,190 |
|
Contract obligations |
|
|
2,034 |
|
|
|
— |
|
Software liabilities, current portion |
|
|
1,769 |
|
|
|
— |
|
Total current liabilities |
|
|
9,914 |
|
|
|
8,778 |
|
Lease liabilities, net of current portion |
|
|
3,336 |
|
|
|
4,390 |
|
Software liabilities, net of current portion |
|
|
1,784 |
|
|
|
— |
|
Long-term income tax liability |
|
|
162 |
|
|
|
214 |
|
Total liabilities |
|
$ |
15,196 |
|
|
$ |
13,382 |
|
Commitments and contingencies (Note 5) |
|
|
|
|
|
|
||
Stockholders’ equity: |
|
|
|
|
|
|
||
Preferred stock, |
|
|
— |
|
|
|
— |
|
Common stock, |
|
|
2 |
|
|
|
2 |
|
Additional paid-in capital |
|
|
199,460 |
|
|
|
191,569 |
|
Accumulated deficit |
|
|
(136,869 |
) |
|
|
(137,650 |
) |
Total stockholders’ equity |
|
|
62,593 |
|
|
|
53,921 |
|
Total liabilities and stockholders’ equity |
|
$ |
77,789 |
|
|
$ |
67,303 |
|
EVERSPIN TECHNOLOGIES, INC.
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Year Ended December 31, |
||||||
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|
2024 |
|
2023 |
||||
Product sales |
|
$ |
42,203 |
|
|
$ |
53,123 |
|
Licensing, royalty, patent, and other revenue |
|
|
8,199 |
|
|
|
10,642 |
|
Total revenue |
|
|
50,402 |
|
|
|
63,765 |
|
Cost of product sales |
|
|
22,812 |
|
|
|
24,693 |
|
Cost of licensing, royalty, patent, and other revenue |
|
|
1,464 |
|
|
|
1,827 |
|
Total cost of sales |
|
|
24,276 |
|
|
|
26,520 |
|
Gross profit |
|
|
26,126 |
|
|
|
37,245 |
|
Operating expenses: |
|
|
|
|
|
|
||
Research and development |
|
|
13,686 |
|
|
|
11,776 |
|
General and administrative |
|
|
14,141 |
|
|
|
14,296 |
|
Sales and marketing |
|
|
5,390 |
|
|
|
5,288 |
|
Total operating expenses |
|
|
33,217 |
|
|
|
31,360 |
|
(Loss) income from operations |
|
|
(7,091 |
) |
|
|
5,885 |
|
Interest expense |
|
|
— |
|
|
|
(63 |
) |
Other income, net |
|
|
7,832 |
|
|
|
3,214 |
|
Net income before income taxes |
|
|
741 |
|
|
|
9,036 |
|
Income tax benefit |
|
|
40 |
|
|
|
16 |
|
Net income and comprehensive income |
|
$ |
781 |
|
|
$ |
9,052 |
|
Net income per common share: |
|
|
|
|
|
|
||
Basic |
|
$ |
0.04 |
|
|
$ |
0.44 |
|
Diluted |
|
$ |
0.04 |
|
|
$ |
0.42 |
|
Weighted average shares of common stock outstanding: |
|
|
|
|
|
|
||
Basic |
|
|
21,642,793 |
|
|
|
20,748,302 |
|
Diluted |
|
|
22,156,420 |
|
|
|
21,367,304 |
|
EVERSPIN TECHNOLOGIES, INC.
|
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Year Ended December 31, |
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|
|
2024 |
|
2023 |
||||
Cash flows from operating activities |
|
|
|
|
|
|
||
Net income |
|
$ |
781 |
|
|
$ |
9,052 |
|
Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
|
|
|
||
Depreciation and amortization |
|
|
1,731 |
|
|
|
1,205 |
|
Gain on sale of property and equipment |
|
|
— |
|
|
|
(15 |
) |
Stock-based compensation |
|
|
6,713 |
|
|
|
5,005 |
|
Loss on prepayment and termination of credit facility |
|
|
— |
|
|
|
170 |
|
Non-cash warrant revaluation |
|
|
— |
|
|
|
(25 |
) |
Non-cash interest expense |
|
|
— |
|
|
|
26 |
|
Changes in operating assets and liabilities: |
|
|
|
|
|
|
||
Accounts receivable |
|
|
(168 |
) |
|
|
(889 |
) |
Inventory |
|
|
(719 |
) |
|
|
(1,708 |
) |
Prepaid expenses and other current assets |
|
|
(284 |
) |
|
|
(384 |
) |
Other assets |
|
|
(492 |
) |
|
|
(150 |
) |
Accounts payable |
|
|
(374 |
) |
|
|
499 |
|
Accrued liabilities |
|
|
(1,939 |
) |
|
|
803 |
|
Deferred revenue |
|
|
(258 |
) |
|
|
(485 |
) |
Contract obligations |
|
|
2,034 |
|
|
|
— |
|
Lease liabilities, net |
|
|
74 |
|
|
|
24 |
|
Net cash provided by operating activities |
|
|
7,099 |
|
|
|
13,128 |
|
Cash flows from investing activities |
|
|
|
|
|
|
||
Purchases of property and equipment |
|
|
(3,049 |
) |
|
|
(1,404 |
) |
Purchases of intangible assets |
|
|
(11 |
) |
|
|
— |
|
Proceeds received from sale of property and equipment |
|
|
— |
|
|
|
19 |
|
Net cash used in investing activities |
|
|
(3,060 |
) |
|
|
(1,385 |
) |
Cash flows from financing activities |
|
|
|
|
|
|
||
Payments on long-term debt |
|
|
— |
|
|
|
(2,790 |
) |
Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan |
|
|
1,178 |
|
|
|
1,198 |
|
Payments on finance leases |
|
|
(66 |
) |
|
|
— |
|
Net cash provided by (used in) financing activities |
|
|
1,112 |
|
|
|
(1,592 |
) |
Net increase in cash and cash equivalents |
|
|
5,151 |
|
|
|
10,151 |
|
Cash and cash equivalents at beginning of period |
|
|
36,946 |
|
|
|
26,795 |
|
Cash and cash equivalents at end of period |
|
$ |
42,097 |
|
|
$ |
36,946 |
|
Supplementary cash flow information: |
|
|
|
|
|
|
||
Interest paid |
|
$ |
— |
|
|
$ |
37 |
|
Cash paid for taxes |
|
$ |
202 |
|
|
$ |
— |
|
Operating cash flows paid for operating leases |
|
$ |
1,399 |
|
|
$ |
1,384 |
|
Financing cash flows paid for finance leases |
|
$ |
66 |
|
|
$ |
12 |
|
Non-cash investing and financing activities: |
|
|
|
|
|
|
||
Internal-use software asset obtained in exchange for software liabilities |
|
$ |
3,564 |
|
|
$ |
— |
|
Right-of-use assets obtained in exchange for finance lease liabilities |
|
$ |
297 |
|
|
$ |
— |
|
Purchases of property and equipment in accounts payable and accrued liabilities |
|
$ |
182 |
|
|
$ |
446 |
|
Cashless exercise of warrants |
|
$ |
— |
|
|
$ |
2 |
|
EVERSPIN TECHNOLOGIES, INC.
|
||||||||
|
|
|
|
|
|
|
||
|
|
Year Ended December 31, |
||||||
|
|
2024 |
|
2023 |
||||
|
|
(in thousands) |
||||||
Adjusted EBITDA reconciliation: |
|
|
|
|
|
|
||
Net income |
|
$ |
781 |
|
|
$ |
9,052 |
|
Depreciation and amortization |
|
|
1,731 |
|
|
|
1,205 |
|
Stock-based compensation expense |
|
|
6,713 |
|
|
|
5,005 |
|
Interest expense |
|
|
— |
|
|
|
63 |
|
Income tax benefit |
|
|
(40 |
) |
|
|
(16 |
) |
Adjusted EBITDA |
|
$ |
9,185 |
|
|
$ |
15,309 |
|
Year Ended December 31, |
||||||||
2024 |
2023 |
|||||||
Non-GAAP Net income per common share reconciliation: |
||||||||
Net income per common share, diluted |
$ | 0.04 |
$ | 0.42 |
||||
Stock-based compensation expense |
0.30 |
0.23 |
||||||
Non-GAAP Net income per common share, diluted |
$ | 0.34 |
$ | 0.65 |
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226733504/en/
Investor Relations:
Monica Gould
The Blueshirt Group
T: 212-871-3927
ir@everspin.com
Source: Everspin Technologies, Inc.
FAQ
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