Everspin Technologies Q2 Adj. EPS $0.11 Beats $0.09 Estimate, Sales $18.700M Beat $17.300M Estimate
Everspin Technologies (NASDAQ:MRAM) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.09 by 22.22 percent. This is a 266.67 percent increase over earnings of $0.03 per share
Everspin made more money than people expected this quarter—they earned $0.11 per share instead of the predicted $0.09, and their sales were also higher than forecast. When a company beats expectations, it's a sign the business is running stronger than investors thought.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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