secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001558370-23-017231
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin Q3 revenue $16.5M, up 8% YoY; net income $2.4M, EPS $0.11; guides Q4 rev $15.4-16.4M
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- Revenue $16.5M (+8% YoY), net income $2.4M (+27.8%), diluted EPS $0.11 (vs $0.09).
- Adjusted EBITDA $4.0M (+18.7% YoY); cash from operations $3.6M (vs $0.9M).
- Licensing revenue surged to $2.9M from $0.7M YoY, driven by RAD-Hard programs.
- Q4 outlook: revenue $15.4M-$16.4M, diluted EPS $0.01-$0.06.
- Cash and equivalents $34.9M, up from $23.4M a year earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000155837023017231/0001558370-23-017231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000155837023017231/mram-20231101x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-017231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer