Everspin Technologies Q4 2023 GAAP EPS $0.09 Beats $0.06 Estimate, Sales $16.70M Beat $15.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Everspin Technologies (NASDAQ:MRAM) reported Q4 2023 earnings of $0.09 per share, surpassing the $0.06 estimate, with sales of $16.70M exceeding the $15.90M forecast. This represents a 6.44% increase in sales compared to the same period last year.
February 28, 2024 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Everspin Technologies reported a strong Q4 2023 performance with earnings and sales surpassing estimates, indicating robust financial health and potential growth.
Everspin Technologies' earnings beat and higher sales figures compared to estimates and the previous year's performance suggest a positive outlook for the company. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100