MRAM earnings

Everspin Technologies Everspin Technologies reported Q1 FY2026 results that saw revenue come in at $14.9 million, a 1.9% beat over the street estimate of $14.6 million. However, the company missed on EPS, reporting a loss of $0.01 compared to the street estimate of $0.01. The quarter was marked by a significant $40 million contract with a U.S. prime contractor, which will bolster future revenue streams. Despite the mixed financial performance, the company remains optimistic about its long-term growth prospects, particularly with the UNISYST product line and the ongoing development of high-reliability parts.