secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2026-08-05T20:16:06+00:00
Accession:  0001628280-26-053376
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin reports record Q2 revenue of $18.7M; non-GAAP net income $2.9M
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- Total revenue $18.7M, up 42% YoY; product revenue $15.3M, licensing/other $3.4M.
- GAAP net loss $(3.6)M ($0.15 loss per share) vs $(0.7)M loss a year ago.
- Non-GAAP net income $2.9M ($0.11 per share) vs $0.7M ($0.03) in Q2 2025.
- Q3 guidance: revenue $19.5-20.5M, non-GAAP EPS $0.10-0.15.
- CEO cites $40M US prime contractor contract; strength in Industrial Automation, Energy, A&D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000162828026053376/0001628280-26-053376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000162828026053376/mram-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053376

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