Everspin Technologies (MRAM) Scheduled to Post Earnings on Wednesday

Share on StockTwits

Everspin Technologies (NASDAQ:MRAM) is scheduled to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Everspin Technologies to post earnings of ($0.26) per share for the quarter. Everspin Technologies has set its Q2 2019 guidance at $-0.27–0.23 EPS and its Q2 guidance at ($0.27)-($0.23) EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Everspin Technologies (NASDAQ:MRAM) last released its earnings results on Wednesday, May 8th. The business services provider reported ($0.25) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.26) by $0.01. Everspin Technologies had a negative net margin of 44.80% and a negative return on equity of 76.21%. The firm had revenue of $10.03 million during the quarter, compared to analyst estimates of $9.70 million.

MRAM stock opened at $5.96 on Tuesday. The firm’s 50 day simple moving average is $6.57. Everspin Technologies has a 52-week low of $5.30 and a 52-week high of $11.20. The stock has a market capitalization of $111.02 million, a price-to-earnings ratio of -5.52 and a beta of 2.23. The company has a quick ratio of 1.84, a current ratio of 2.55 and a debt-to-equity ratio of 0.34.

Several research firms have recently issued reports on MRAM. ValuEngine upgraded shares of Everspin Technologies from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 1st. Zacks Investment Research upgraded shares of Everspin Technologies from a “sell” rating to a “hold” rating in a report on Thursday, July 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $14.00 target price on shares of Everspin Technologies in a report on Sunday, May 12th.

Everspin Technologies Company Profile

Everspin Technologies, Inc manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States, Japan, China, Germany, Singapore, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and embedded MRAM products, as well as magnetic sensors and aerospace and satellite electronic systems.

Recommended Story: What is an investor looking for in an SEC filing?

Earnings History for Everspin Technologies (NASDAQ:MRAM)

Receive News & Ratings for Everspin Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everspin Technologies and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Dycom Industries, Inc.  Expected to Post Earnings of $0.84 Per Share
Dycom Industries, Inc. Expected to Post Earnings of $0.84 Per Share
Conatus Pharmaceuticals Inc  Receives $3.49 Consensus Target Price from Analysts
Conatus Pharmaceuticals Inc Receives $3.49 Consensus Target Price from Analysts
Zacks: Brokerages Anticipate Veritone Inc  to Post -$0.44 EPS
Zacks: Brokerages Anticipate Veritone Inc to Post -$0.44 EPS
$0.03 Earnings Per Share Expected for Diana Shipping Inc  This Quarter
$0.03 Earnings Per Share Expected for Diana Shipping Inc This Quarter
$1.25 EPS Expected for Eastgroup Properties Inc  This Quarter
$1.25 EPS Expected for Eastgroup Properties Inc This Quarter
LyondellBasell Industries NV  Shares Sold by Freestone Capital Holdings LLC
LyondellBasell Industries NV Shares Sold by Freestone Capital Holdings LLC


© 2006-2019 Ticker Report