Everspin | The MRAM Company

Everspin Reports Preliminary Unaudited Fourth Quarter and Full Year 2020 Financial Results

Everspin today announced preliminary unaudited financial results for the fourth fiscal quarter and full year ended December 31, 2020.

Fourth Quarter and Full Year 2020 Highlights

2020 revenue increased 12.1% year-over-year to $42.0 million
Q4’20 GAAP net loss per share of ($0.08) was a significant improvement over both the prior quarter and year-ago periods
Generated $0.6 million cash flow from operations in Q4’20, the second consecutive quarter with positive cash flow from operations
Ended 2020 with cash and equivalents of $14.6 million
First royalty revenue from GLOBALFOUNDRIES for embedded MRAM on their 22FDX process in Q4

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Everspin Announces Promotion of Sanjeev Aggarwal to Chief Technology Officer

Everspin today announced that Sanjeev Aggarwal has been appointed to the newly created role of Chief Technology Officer (CTO). Sanjeev will also continue to serve as Vice President, Technology Research and Development.

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Everspin Reports Preliminary Unaudited Fourth Quarter and Full Year 2020 Financial Results

Everspin Announces Promotion of Sanjeev Aggarwal to Chief Technology Officer

Everspin Announces Leadership Changes

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Designing for Xilinx FPGAs

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MRAM for Medical Ventilators

Everspin Announces Promotion of Sanjeev Aggarwal to Chief Technology Officer

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