Everspin Technologies (NASDAQ:MRAM) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Everspin Technologies to post earnings of ($0.26) per share for the quarter. Everspin Technologies has set its Q1 2019 guidance at $-0.28–0.24 EPS and its Q1 guidance at (-0.28)-(-0.24) EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Everspin Technologies (NASDAQ:MRAM) last issued its quarterly earnings results on Thursday, March 14th. The business services provider reported ($0.20) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.23) by $0.03. Everspin Technologies had a negative return on equity of 56.59% and a negative net margin of 34.40%. The company had revenue of $12.30 million for the quarter, compared to analyst estimates of $12.00 million. During the same quarter last year, the company posted ($0.35) EPS. The company’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, analysts expect Everspin Technologies to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of MRAM opened at $8.07 on Tuesday. Everspin Technologies has a 52-week low of $5.30 and a 52-week high of $11.20. The company has a current ratio of 2.99, a quick ratio of 2.32 and a debt-to-equity ratio of 0.26.
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Everspin Technologies Company Profile
Everspin Technologies, Inc manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, embedded MRAM, magnetic sensor, and aerospace and satellite electronic systems. The company provides its products for applications, including industrial, automotive, transportation, and enterprise storage markets.
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