Everspin Q4 Revenue Jumps 12% to $14.8M, Beats Estimates
MRAM has more than doubled off its 52-week low of $4.335.
Summary
Everspin Technologies announced its Q4 results, reporting a 12% year-over-year revenue increase to $14.8 million, which exceeded the consensus estimate of $14.45 million. While revenue grew, the company's Q4 gross margin slightly decreased to 50.8% from 51.3% last year, and non-GAAP net income declined to $2.6 million from $2.8 million. Management attributed the revenue growth to strong demand in Data Center, Energy Management, and Industrial Automation applications, along with a notable increase in design wins for 2025. For Q1 2026, Everspin provided guidance expecting revenue between $14.0 million and $15.0 million and non-GAAP EPS between $0.07 and $0.12. This mixed report presents traders with a positive revenue beat tempered by a decline in profitability metrics.
At the time of this announcement, MRAM was trading at $10.66 on NASDAQ in the Technology sector, with a market capitalization of approximately $246.6M. The 52-week trading range was $4.34 to $17.24. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.