Everspin Technologies Q2 EPS $0.18 Beats $0.06 Estimate, Sales $15.75M Beat $15.00M Estimate
Portfolio Pulse from mahesh@benzinga.com
Everspin Technologies reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.06 by 200%. This is a 125% increase from the same period last year. The company also reported quarterly sales of $15.75 million, beating the estimate of $15.00 million by 4.98%, a 7.12% increase from last year.
August 04, 2023 | 12:07 pm
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Everspin Technologies reported strong Q2 earnings and sales, beating estimates. This could positively impact the stock.
Everspin Technologies reported a significant beat on both earnings per share and sales for Q2. This strong performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100