Benzinga | May 6, 2021 05:29PM EDT

Everspin Technologies Q1 EPS $(0.02) Beats $(0.04) Estimate, Sales $10.30M Miss $10.40M Estimate

Everspin Technologies (NASDAQ:MRAM) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.04) by 50 percent. This is a 60 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $10.30 million which missed the analyst consensus estimate of $10.40 million by 0.96 percent. This is a 1.90 percent increase over sales of $10.11 million the same period last year.