NASDAQ$MRAM
Everspin Technologies Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Everspin's Q1 2020 results were announced, with revenue exceeding the high end of guidance and a significant improvement in EPS.
Everspin Technologies reported Q1 2020 financial results, with revenue at $10.1 million, exceeding the high-end of guidance. The company's GAAP loss per share improved to ($0.10), and non-GAAP loss per share improved to ($0.05).
- Total revenue increased sequentially and year-over-year to $10.1 million, exceeding the high-end of guidance.
- Gross margin expanded to 52.9% from 47.7% in the prior year quarter.
- GAAP loss improved to ($0.10) per share and non-GAAP loss to ($0.05), compared to ($0.25) and ($0.21), respectively, in year-ago quarter.
- Ended quarter with cash and equivalents of $14.0 million.
Headline financials
Revenue & EPS history
Everspin · Revenue · Quarterly
$10.1M
Revenue by segment
Everspin · $10.1M total across 2 segments · Q1 2020
- Product Sales$9.64M—95.3%
- Licensing and Other$473K—4.7%
Forward guidance
For the second quarter of 2020, Everspin expects total revenue to increase to a range of $11.5 million and $12.5 million. GAAP net loss is expected to range between ($0.12) and ($0.05) per share. Non-GAAP net loss is expected to range between ($0.06) and ($0.00) per share.
Tailwinds
- Expects total revenue to increase to a range of $11.5 million and $12.5 million.
- GAAP net loss is expected to range between ($0.12) and ($0.05) per share.
- Excluding stock-based compensation expense, non-GAAP net loss is expected to range between ($0.06) and ($0.00) per share.
- Weighted-average share count of 18.6 million shares outstanding.
- Expects another quarter of sequential revenue growth.
Headwinds
- Cautiously monitor the global environment.
- Remain prepared to promptly address any possible changes in market dynamics.
- GAAP net loss is expected to range between ($0.12) and ($0.05) per share.
- Excluding stock-based compensation expense, non-GAAP net loss is expected to range between ($0.06) and ($0.00) per share.
- Global environment may cause changes in market dynamics.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+5.8%
Avg return
30 days after
39%
15 / 38 earnings
Positive
+62.7%
Q3 2021
Best reaction
-25.8%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.5% | +47.0% | +106.8% | |
| Q4 2025 | -15.5% | -15.2% | -12.1% | |
| Q3 2025 | -18.0% | -12.7% | -17.7% | |
| Q1 2025 | +11.7% | +7.4% | +5.8% | |
| Q4 2024 | -1.4% | -3.3% | -10.7% | |
| Q3 2024 | -7.6% | -13.2% | -8.2% | |
| Q2 2024 | -2.4% | -10.7% | -9.9% | |
| Q1 2024 | -12.3% | -15.8% | -19.7% | |
| Q4 2023 | -11.2% | -7.1% | -13.2% | |
| Q3 2023 | -13.5% | -8.7% | -7.2% | |
| Q2 2023 | +4.2% | +6.1% | +4.9% | |
| Q1 2023 | +7.6% | +10.5% | +29.7% | |
| Q4 2022 | +0.3% | -1.6% | -1.3% | |
| Q3 2022 | -14.1% | -7.4% | -3.0% | |
| Q2 2022 | +41.9% | +38.6% | +10.8% | |
| Q1 2022 | -10.4% | -9.9% | -11.0% | |
| Q4 2021 | -9.1% | -13.1% | -12.5% | |
| Q3 2021 | +62.7% | +101.7% | +65.5% | |
| Q2 2021 | +3.4% | -2.7% | +20.0% | |
| Q1 2021 | +5.2% | +3.6% | +22.0% | |
| Q4 2020 | -4.9% | -2.3% | +4.0% | |
| Q3 2020 | -21.7% | -21.9% | -32.4% | |
| Q2 2020 | -25.8% | -39.5% | -38.9% | |
| Q1 2020 | +52.8% | +78.3% | +119.8% | |
| Q4 2019 | +13.3% | +15.1% | +16.4% | |
| Q3 2019 | -6.6% | -6.5% | -15.5% | |
| Q2 2019 | -1.7% | +5.7% | +11.6% | |
| Q1 2019 | -0.8% | -9.6% | -21.3% | |
| Q4 2018 | -2.3% | -5.7% | +0.0% | |
| Q3 2018 | +1.6% | +1.4% | -16.2% | |
| Q2 2018 | -12.5% | -16.4% | -15.8% | |
| Q1 2018 | +20.8% | +19.1% | +11.4% | |
| Q4 2017 | -14.7% | -12.7% | -12.1% | |
| Q3 2017 | -9.7% | -12.8% | -23.9% | |
| Q2 2017 | -19.5% | -18.0% | -11.6% | |
| Q1 2017 | +11.5% | +2.5% | +100.0% | |
| Q4 2016 | -3.3% | -14.0% | -1.0% | |
| Q3 2016 | +1.6% | +5.9% | +6.6% | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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