MRAM Q3 2024 Earnings — Everspin Technologies, Inc. Revenue & Financial Results | Market Cap Arena

MRAMEverspin Technologies, Inc.

$215M

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$12M-26.6% YoY

Gross Profit

$6M49.2% margin

Operating Income

-$2M-17.5% margin

Net Income

$2M18.8% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+13.7%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$73M

Total Liabilities

$13M

Stockholders' Equity

$59M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$16M	-26.6%
Gross Profit	$6M	$10M	-40.0%
Operating Income	-$2M	$2M	-206.9%
Net Income	$2M	$2M	-6.8%

Revenue Segments

Product

$10M86%

License

$1M10%

Product and Service, Other

$341,0003%

Royalty

$114,0001%

Geographic Segments

Asia Pacific

$8M66%

EMEA

$2M19%

North America

$2M15%