(MRAMinfo.com - Nov. 7th) Everspin Technologies reported its financial results for Q3 2023, with revenues of $16.5 million (up 8% from Q3 2022) and a net income of $2.4 million. The company generated $3.6 million and its current cash balance is $34.9 million. Everspin is cautiously optimistic about the next quarter, expecting revenue to be in the range of $15.4 to $16.4 million. It says demand for its toggle products remain strong and it sees increased demand for its xSPI family of STT-MRAM products.
top of page
Your Source for Thin Film Process & Test Solutions!
Attention Re: US Chips Act & Corporate Funding:
US government & corporations to invest >$100B USD in the semiconductor industry over the next 10 yrs.
NANI's sales & marketing management expertise will strategically position your process & test equipment to compete effectively and close sales during this period of unprecedented growth!
We invite you to visit our EU partner's web site @
NEWS
bottom of page
Commentaires