Replay available

Everspin Technologies, Inc. (MRAM) Q1 2026 Earnings Call

Everspin Technologies, Inc. (NASDAQ: MRAM) Q1 2026 earnings conference call, held 2026-04-29. Replay captured from the company's public earnings webcast.

Wed, April 29, 2026 at 5:00 PMendedReplay
Everspin Technologies, Inc. (MRAM) Q1 2026 Earnings Call

Investor webinar replay

Meeting Overview The meeting was a conference call to discuss Everspin Technologies' financial results for the first quarter of 2026. Key highlights included a new contract with a U.S. prime contractor, strong performance in various sectors, and updates on product development initiatives. Key Discussion Points - Announcement of a new 2.5-year, $40 million agreement with a U.S. prime contractor. - Financial results for Q1 2026: revenue of $14.9 million and diluted EPS of $0.11. - Growth in industrial automation, transportation, and data center applications. - Introduction of the Unisys MRAM family at Embedded World. - Strategic manufacturing agreement with Microchip to expand onshore production capacity. - Updates on product development timelines and expected availability of engineering samples. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Monitor the progress of the new contract with the U.S. prime contractor. - [Unassigned] : Follow up...

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Companies on this event

Featured Presenters

Sanjeev Agarwal

President and Chief Executive Officer

Neil Young

Analyst, Needham & Company

Richard Shannon

Analyst, Craig-Hallam Capital Group

Bill Cooper

Chief Financial Officer

Amy Grant

Investor Relations

Replay transcript excerpt

Speaker 1: Good afternoon Speaker 1: and welcome to Everspend Technologies 1st 0.25 2026 financial results conference call. Speaker 1: At this time, all participants are in a listen-only mode. Speaker 1: At the conclusion of management's prepared remarks, Speaker 1: instructions will be provided for the question and answer session. Speaker 1: As a reminder, this conference call is being recorded. Speaker 1: I would now like to turn the conference over to Amy Grant, Investor Relations for Everspin. Speaker 1: You may begin. Speaker 2: Thank you, Operator, and good afternoon, everyone. Speaker 2: Everspin released results for the 1st 0.25 of 2026 Speaker 2: and did March 31, 2026, Speaker 2: this afternoon after market close. Speaker 2: I'm Amy Grant, Investor Relations for Everspin, and with me on today's call are Sanjeev Agarwal, Speaker 2: President and Chief Executive Officer, Speaker 2: and Bill Cooper, Chief Financial Officer. Speaker 2: Before we begin the call, I would like to remind you that today's discussion Speaker 2: may contain forward-looking statements regarding future events, Speaker 2: including but not limited to the company's expectations for Everspince's future business, Speaker 2: financial performance and goals, Speaker 2: customer and industry adoption of MRAM technology, Speaker 2: successfully bringing to market and manufacturing products in Everspence Design Pipeline Speaker 2: and executing on its business plan. Speaker 2: These forward-looking statements are based on estimates, judgments, current trends, and market conditions Speaker 2: and involve risks and uncertainties that may cause actual results to differ materially Speaker 2: from those contained in the forward-looking statements. Speaker 2: We would encourage you to review the compa...

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