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Everspin Technologies, Inc - MRAM STOCK NEWS

Welcome to our dedicated page for Everspin Technologies news (Ticker: MRAM), a resource for investors and traders seeking the latest updates and insights on Everspin Technologies stock.

Everspin Technologies, Inc., headquartered in Chandler, Arizona, is the worldwide leader in the design, manufacture, and commercial shipment of discrete and embedded Magnetoresistive RAM (MRAM), offering data persistence, superior performance, and endurance. With over 70 million MRAM products deployed across diverse markets such as data centers, cloud storage, energy, industrial, automotive, and transportation, Everspin has established the most robust and rapidly growing base of MRAM users worldwide.

Everspin's portfolio features advanced MRAM technologies like Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM). These technologies deliver unmatched reliability and performance in non-volatile memory, ensuring mission-critical data remains protected against power loss. The company’s revenue streams include sales of MRAM-based products, licensing and royalties on MRAM and magnetic sensor technologies, backend foundry services, and design services for third parties.

Operating in key geographic regions such as North America, Europe, the Middle East, and Africa (EMEA), and the Asia-Pacific (APAC), Everspin maintains a strong global presence. Its products are integral to applications demanding high data integrity and endurance, making them essential in sectors where data loss is not an option.

Recent achievements for Everspin include expanding its product line and growing its market share in strategic industries. The company continues to innovate in MRAM technology, driving advancements that enhance the performance and reliability of memory solutions globally. For more detailed information and the latest updates, visit Everspin Technologies.

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Everspin Technologies announced that IBM has selected their PERSYST EMD4E001G 1Gb STT-MRAM for IBM's FlashCore Module 4, ensuring data integrity during power loss. The technology provides high read/write bandwidth, instant non-volatility, and sets the standard for persistent memory performance. Everspin's innovative technology is praised by IBM for robustness and quality.

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Everspin Technologies, Inc. (MRAM) will announce its first quarter 2024 financial results on May 1, 2024. The conference call hosted by the President and CEO, Sanjeev Aggarwal, and CFO, Anuj Aggarwal, will discuss the company's financial performance.
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Everspin Technologies, Inc. (MRAM) introduces PERSYST brand for its MRAM persistent memory products, offering RAM-like speed with non-volatility. The company aims to simplify product identification for clients in various industries like automation, robotics, AI, and healthcare.
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Everspin Technologies appoints Douglas Mitchell, a semiconductor industry veteran, to its Board of Directors. Mitchell brings over 40 years of experience in memory products and technology, with a focus on high-performance non-volatile memory ICs. His strategic guidance is expected to drive Everspin's growth and market opportunities.
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Everspin Technologies Inc. (MRAM) has applied for the CHIPS Incentives Program to increase MRAM capacity and R&D IP capability. The potential funding from the CHIPS Act will empower Everspin to advance MRAM technology and strengthen its position in the semiconductor landscape.
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Everspin Technologies, Inc. (MRAM) reported impressive Q4’23 revenue of $16.7 million and EPS of $0.09, surpassing expectations. The company achieved record annual revenue and profitability in 2023 with 217 design wins. Total revenue for the full year was $63.8 million, marking an increase of 6% from 2022. Everspin's GAAP net income for 2023 was $9.1 million, or $0.42 per diluted share, showing growth from the previous year. The company's strong financial position with no debt and a record high cash balance of $36.9 million is notable.
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Everspin Technologies Inc. (MRAM) will present at the Baird virtual Vehicle Technology & Mobility Conference on February 29th. The live webcast and replay will be available on the company's investor relations website.
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Everspin Technologies, Inc. (MRAM) will announce its Q4 and full-year 2023 financial results on February 28, 2024. The conference call will be hosted by Sanjeev Aggarwal, President, and CEO, along with Anuj Aggarwal, CFO.
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Everspin Technologies Inc. (MRAM) announced participation in the 26th Annual Needham Growth Conference by its President and CEO, Sanjeev Aggarwal, and CFO, Anuj Aggarwal. The event will take place at the Lotte New York Palace Hotel on January 17th and 18th, with management available for one-on-one in-person meetings. To schedule a meeting, contact your Needham salesperson.
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Everspin Technologies, Inc. (NASDAQ: MRAM) will ring the closing bell at the Nasdaq MarketSite on January 18th, 2024, at 4:00 p.m. Eastern Time. The ceremony can be viewed at Nasdaq MarketSite Tower in New York City, New York. Sanjeev Aggarwal, Everspin’s President and CEO, expressed pride in the achievement, attributing it to the hard work of the team and the unique value provided as the leading MRAM provider.
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FAQ

What is the current stock price of Everspin Technologies (MRAM)?

The current stock price of Everspin Technologies (MRAM) is $5.85 as of October 3, 2024.

What is the market cap of Everspin Technologies (MRAM)?

The market cap of Everspin Technologies (MRAM) is approximately 126.8M.

What does Everspin Technologies, Inc. specialize in?

Everspin Technologies specializes in designing, manufacturing, and shipping discrete and embedded Magnetoresistive RAM (MRAM).

What types of MRAM technologies does Everspin offer?

Everspin offers Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM) technologies.

In which markets are Everspin’s MRAM products deployed?

Everspin’s MRAM products are deployed in data centers, cloud storage, energy, industrial, automotive, and transportation markets.

Where is Everspin Technologies headquartered?

Everspin Technologies is headquartered in Chandler, Arizona.

How does Everspin generate revenue?

Everspin generates revenue from the sale of MRAM-based products, licensing and royalties on its technologies, backend foundry services, and third-party design services.

What regions does Everspin Technologies operate in?

Everspin operates in North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions.

What is the significance of MRAM technology?

MRAM technology offers superior data persistence, performance, and endurance, making it crucial for applications where data integrity is essential.

What recent achievements has Everspin made?

Recent achievements include expanding its product line and increasing its market share in strategic industries.

How many MRAM products has Everspin deployed worldwide?

Everspin has deployed over 70 million MRAM products globally.

Where can I find more information about Everspin Technologies?

More information is available on their website at www.everspin.com.

Everspin Technologies, Inc

Nasdaq:MRAM

MRAM Rankings

MRAM Stock Data

126.76M
21.74M
4.4%
61.12%
3.32%
Semiconductors
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