Everspin Technologies, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 14.43 million compared to USD 14.85 million a year ago. Net loss was USD 0.202 million compared to net income of USD 0.761 million a year ago.

Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.