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Everspin Technologies Q4 2022 Earnings Report

Everspin Technologies logo
$6.37 +0.14 (+2.25%)
(As of 04:00 PM ET)

Everspin Technologies EPS Results

Actual EPS
$0.02
Consensus EPS
$0.03
Beat/Miss
Missed by -$0.01
One Year Ago EPS
N/A

Everspin Technologies Revenue Results

Actual Revenue
$15.69 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Everspin Technologies Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

Conference Call Audio

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Everspin Technologies Earnings Headlines

Healthcare Takes A Big Step Forward With The Help of A.I.
To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still simple, proof-of-concept systems. For its next act, AI is going to help save lives. Already better than humans at a number of medical tasks, AI is ramping up to completely revolutionize healthcare.
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About Everspin Technologies

Everspin Technologies (NASDAQ:MRAM) engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

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