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Everspin COVID-19 Response

Everspin CEO Kevin Conley updates

our response to COVID-19

Read More

MRAM for Medical Ventilators

  • Addresses COVID-19 challenges
  • Persistent memory
  • Perfect for critical operations
  • Ensures monitoring integrity
Download the Application Note

Designing for Xilinx FPGAs

  • New Application Note
  • MRAM design guide
  • Easily integrate Xilinx FPGAs
  • Performance optimizations
Download the Free App Note!

Everspin Reports Second Quarter 2020 Financial Results

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced financial results for the second quarter ended June 30, 2020. 

Second Quarter and Recent Highlights 

  • Total revenue increased 37% year-over-year and 17% sequentially to $11.8 million  
  • Operating expenses declined 18% over the prior year period
  • GAAP loss improved to $1.3 million, or ($0.07) per share, and non-GAAP loss to $0.4 million, or ($0.02), compared to $3.7 million, or ($0.21) per share, and $2.9 million, or ($0.17) per share, respectively, in the second quarter of 2019
  • Achieved positive adjusted EBITDA of $0.2 million, compared to a negative ($2.2) million in the year-ago quarter
  • Appointed Daniel Berenbaum CFO bringing strong semiconductor finance and Wall Street experience to the executive team 
  • Ended quarter with cash and equivalents of $12.9 million

Read the full press release

Everspin to Host Second Quarter 2020 Earnings Call on August 6

Everspin will release its second quarter 2020 financial results after market close on Thursday, August 6, 2020. Kevin Conley, President and CEO, and Daniel Berenbaum, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

Read the full release

The Wall Street Transcript - Everspin July 13, 2020

An interview with Kevin Conley, President and CEO of Everspin Technologies by the Wall Street Transcript.

Read the full Article

Catching Up on the Latest Developments in MRAM

Electronic Design’s Bill Wong discusses MRAM, a future universal memory, with Everspin President and CEO Kevin Conley.

Magnetoresistive RAM (MRAM) continues to make strides, finding more uses as capacity and performance have increased. The long-term goal is a universal, nonvolatile memory. It has a growing partner ecosystem including support by the major fabs.

Read the full article

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