Earnings Call Summary | Everspin Technologies(MRAM.US) Q2 2024 Earnings Conference
Earnings Call Summary | Everspin Technologies(MRAM.US) Q2 2024 Earnings Conference
The following is a summary of the Everspin Technologies, Inc. (MRAM) Q2 2024 Earnings Call Transcript:
以下是Everspin Technologies, Inc. (MRAM) Q2 2024 業績會摘要:
Financial Performance:
金融業績:
Everspin Technologies reported Q2 2024 revenue of $10.6 million, a decrease from $15.7 million in the same quarter last year.
The company experienced a net loss of $0.12 per basic share and an adjusted EBITDA of negative $0.2 million.
The gross margin decreased to 49%, down from 58.4% largely due to lower product sales and licensing revenue related to Rad-Hard deals.
Everspin Technologies報告Q2 2024營業收入爲1060萬美元,較去年同季度的1570萬美元有所下降。
該公司每股基本損失爲0.12美元,調整後的EBITDA爲負20萬美元。
毛利率降至49%,較上年同期的58.4%有所下降,主要原因是產品銷售和Rad-Hard交易許可收入較低。
Business Progress:
業務進展:
Everspin continues its development with STT-MRAM and Toggle MRAM products.
Announced partnerships and collaborations, particularly with IBM using STT-MRAM in its Flash NOR module, and ongoing projects with QuickLogic and Honeywell on Rad-Hard FPGA technology.
Engaged in discussions with automotive companies at SEMICON West regarding use in EVs.
Entered into a strategic agreement providing foundry services for TMR sensor devices.
Everspin繼續開發STt-MRAm和Toggle MRAm產品。
宣佈與衆多公司合作,特別是與IBM在其Flash NOR模塊中使用STt-MRAm以及與QuickLogic和Honeywell在Rad-Hard FPGA技術上的持續項目。
在SEMICON West參與與汽車公司的討論,討論使用在電動汽車中。
簽署了一項戰略協議,爲TMR傳感器設備提供代工服務。
Opportunities:
機會:
IBM's adoption of Everspin's 1-gigabit STT-MRAM for data center applications showcases potential growth in this sector.
Increasing vehicle electrification presents an opportunity for Everspin's STT-MRAM to handle large data requirements in EVs.
The agreement with a leading sensor device provider highlights opportunities in industrial and commercial applications.
IBM採用Everspin的1千兆比特STt-MRAm用於數據中心應用,展示了該行業的潛在增長。
逐漸增加的車輛電氣化呼應了Everspin的STt-MRAm在EVs中處理大型數據需求的機會。
與一家領先的傳感器設備供應商的協議突出了工業和商業應用中的機遇。
Risks:
風險:
Net loss of $0.12 per share as inventory consumption issues affected Toggle MRAM recovery.
Visibility challenges and unfavorable currency exchange rates contributed to slower recovery in the Asia-Pacific market.
Toggle MRAm復甦受到庫存消耗問題的影響,每股淨虧損爲0.12美元。
能見度挑戰和不利的貨幣兌換率導致亞太市場的復甦較慢。
More details: Everspin Technologies IR
詳見:Everspin Technologies IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。