NASDAQ$MRAM
Everspin Technologies Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Everspin reported its best year in company history with positive growth and profitability in the fourth quarter.
Everspin Technologies reported a 3% increase in Q4 revenue to $15.7 million compared to Q3 2022. The increase was driven by strong toggle demand and sales along with revenue from a new licensing arrangement. Cash and equivalents ended the quarter at $26.8 million.
- Full year revenue increased $4.9 million, or 9%, to $60.0 million from $55.1 million in the prior year.
- Q4’22 revenue increased $0.5 million, or 3%, to $15.7 million from $15.2 million for Q3’22.
- Everspin reported record net income for 2022 of $6.1 million, this is an increase of $1.8 million, or 41% from net income for 2021 of $4.3 million.
- Ended Q4’22 with cash and equivalents of $26.8 million.
Headline financials
Revenue & EPS history
Everspin · Revenue · Quarterly
$15.7M
Revenue by segment
Everspin · $11.8M total across 2 segments · Q2 2021
- Product Sales$10.2M-6.8%86.0%
- Licensing and Other$1.66M+84.8%14.0%
Forward guidance
For the first quarter 2023, Everspin expects total revenue in a range of $14.1 million to $14.8 million. Everspin expects GAAP net income per basic share to be between breakeven and $0.05.
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 Q4 2022
+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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