Press Archive for 2018

August 24, 2018

Darin Billerbeck Joins Everspin Technologies Board of Directors

Chandler, AZ, August 24, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced that Darin Billerbeck, former CEO of Lattice Semiconductor, has been elected to Everspin’s Board of Directors.

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August 8, 2018

Everspin Reports Second Quarter 2018 Financial Results

Chandler, AZ, August 8, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced financial results for the second quarter ended June 30, 2018.

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August 6, 2018

Everspin Demonstrates MRAM Leadership at MRAM Developer Day and Flash Memory Summit

Chandler, AZ, August 6, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will be demonstrating innovative technologies at two key memory industry events this week in Santa Clara, CA., MRAM Developer Day and Flash Memory Summit.

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July 26, 2018

Everspin to Host Second Quarter 2018 Earnings Call on August 8

Chandler, AZ, July 26, 2018— Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will review its second quarter 2018 financial results after market close on Wednesday, August 8, 2018. Kevin Conley, President and CEO, and Jeff Winzeler, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

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May 30, 2018

Everspin to Present at the Stifel Cross Sector Insight Conference on June 12

Chandler, AZ, May 30, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will present at the Stifel Cross Sector Insight Conference to be held at the InterContinental Hotel in Boston, MA. Management is scheduled to present at 8:35 a.m. ET on Tuesday, June 12, 2018 and will be available to meet with investors throughout the day.

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May 16, 2018

Everspin to Participate at the Cowen TMT Conference on May 31

Chandler, AZ, May 16, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will participate at the Cowen 46thAnnual Technology, Media and Telecom Conference on Thursday, May 31, 2018 at the Lotte New York Palace Hotel and will be available to meet with investors all day. 

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May 9, 2018

Everspin Reports First Quarter 2018 Financial Results

Chandler, AZ, May 9, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced financial results for the first quarter ended March 31, 2018. 

First Quarter Highlights 

  • Record total revenue of $14.9 million, including $5.5 million of licensing, royalty, and other revenue
  • Gross margin for the quarter was a record 67%, primarily driven by licensing revenue
  • Everspin’s partner, SMART Modular Technologies, completed product qualification and began shipping its nvNITRO accelerator card featuring MRAM technology
  • Ended the quarter with cash balance of $33.9 million, compared to $13.0 million last quarter, reflecting the successful secondary offering in February 

 

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April 25, 2018

Everspin to Announce First Quarter 2018 Financial Results on May 9

Chandler, AZ, April 25, 2018— Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will release its first quarter 2018 financial results after market close on Wednesday, May 9, 2018. Kevin Conley, President and CEO, and Jeff Winzeler, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

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March 26, 2018

Everspin Bolsters Executive Team with Promotion and New Hire

Chandler, AZ, March 26, 2018 — Everspin Technologies, Inc., the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that it has named Rizwan Ahmed as Vice President of Strategic Marketing and has promoted Jim Everett to Vice President of Human Resources. These changes further strengthen Everspin’s executive staff and prepare the company for continued growth.

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March 19, 2018

Everspin Signs Long-term Patent License Agreement with Alps Electric

Chandler, AZ, March 19, 2018 — Everspin Technologies, Inc. (NASDAQ:  MRAM), the world's leading developer and manufacturer of discrete and embedded magnetoresistive random access memory (MRAM), today announced it has entered into a multi-year worldwide licensing agreement with Alps Electric Co., LTD (Alps), a manufacturer of 3D magnetic sensors. Under the agreement, Alps and Everspin will mutually grant licenses to magnetoresistive-based 3D sensor patent portfolios for magnetoresistive sensor products. The terms of the agreement include an up-front license fee to Everspin as well as future royalties.  Specific financial terms of the agreement are not being disclosed. 

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