Everspin Technologies Sees Q4 2023 EPS $0.01-$0.06; Revenue $15.4M-$16.4M Vs $15.8M Est.
Portfolio Pulse from Benzinga Newsdesk
Everspin Technologies has projected its Q4 2023 earnings per share (EPS) to be between $0.01 and $0.06. The company also expects its revenue to range from $15.4 million to $16.4 million, compared to the estimated $15.8 million.
November 01, 2023 | 9:47 pm
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Everspin Technologies' projected Q4 2023 EPS and revenue figures are in line with estimates, which could stabilize the company's stock price.
Everspin Technologies' projected earnings and revenue for Q4 2023 are in line with estimates. This suggests that the company's financial performance is as expected, which could reassure investors and stabilize the stock price. However, the actual impact will depend on the company's performance in the coming quarters and any changes in market conditions.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100