Press Archive for 2021

April 26, 2021

Everspin to Host First Quarter 2021 Earnings Call on May 6th, 2021

Everspin will release its first quarter 2021 financial results after market close on Thursday, May 6, 2021. Darin Billerbeck, Executive Chairman and Interim CEO, will host a conference call at 5:30 p.m. Eastern Time to discuss the Company’s financial results.

The conference call will be broadcast live in listen-only mode on the investor relations website at investor.everspin.com.

Read the full press release

February 25, 2021

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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January 19, 2021

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.

Read the full press release