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Investing.com - Everspin Tech reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Everspin Tech announced earnings per share of $0.090 on revenue of $15.2M. Analysts polled by Investing.com EPS of $0.010 on revenue of $15.75M.
Everspin Tech 's are up 4.35% and is trading at $6.190 , still down 56.89% from its 52 week high of $14.36 set on Tuesday, November 30, 2021.
Everspin Tech follows other major Information Technology sector earnings this month
Everspin Tech's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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