MRAM Q2 2023 Earnings — Everspin Technologies, Inc. Revenue & Financial Results | Market Cap Arena

MRAMEverspin Technologies, Inc.

$215M

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$16M+7.1% YoY

Gross Profit

$9M58.4% margin

Operating Income

$2M10.3% margin

Net Income

$4M24.7% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$57M

Total Liabilities

$11M

Stockholders' Equity

$46M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$15M	+7.1%
Gross Profit	$9M	$9M	+7.0%
Operating Income	$2M	$2M	-6.7%
Net Income	$4M	$2M	+132.5%

Revenue Segments

Product sales

$13M85%

Licensing

$2M12%

Royalties

$236,0001%

Other revenue

$206,0001%

Geographic Segments

APAC

$8M51%

North America

$5M29%

EMEA

$3M21%