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Sep 30, 2020
Everspin Q3 2020 Earnings Report
Achieved positive cash flow from operations and reduced operating expenses.
Key Takeaways
Everspin Technologies reported a 10.3% year-over-year increase in total revenue, reaching $10.1 million. The company also achieved positive cash flow from operations and reduced operating expenses by 24% compared to the prior year period. GAAP net loss per share remained flat at ($0.21).
Total revenue increased 10.3% year-over-year to $10.1 million.
Operating expenses declined 24% over the prior year period.
GAAP net loss per share remained flat at ($0.21) compared to the third quarter of 2019.
Generated $0.7 million cash flow from operations.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2020, Everspin expects total revenue in a range between $10.1 million and $10.9 million and GAAP net loss per share is expected to range between ($0.10) and ($0.04) per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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