MRAM Q3 2023 Earnings — Everspin Technologies, Inc. Revenue & Financial Results | Market Cap Arena

MRAMEverspin Technologies, Inc.

$215M

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$16M+8.0% YoY

Gross Profit

$10M60.2% margin

Operating Income

$2M12.0% margin

Net Income

$2M14.8% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$63M

Total Liabilities

$13M

Stockholders' Equity

$50M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$15M	+8.0%
Gross Profit	$10M	$9M	+10.7%
Operating Income	$2M	$2M	+3.6%
Net Income	$2M	$2M	+27.8%

Revenue Segments

Product sales

$14M82%

Licensing

$2M11%

Other revenue

$798,0005%

Royalties

$232,0001%

Geographic Segments

APAC

$9M53%

North America

$5M28%

EMEA

$3M19%