Everspin Technologies reported its financial results for Q1 2025, with revenues of $13.1 million, above the company's previous guidance range, and net loss of of $1.2 million. At the end of the quarter, Everspin had $42.2 million in cash and equivalents, up slightly from the previous quarter.
The company did not change its guidance in 2025, saying that it expects a ramp up in revenue in the second half of the year.
Disclosure: the author of this post holds shares at Everspin
Posted: May 01,2025 by Ron Mertens
