Everspin Technologies Earnings Call Highlights MRAM Momentum

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Everspin Technologies (MRAM) reported strong MRAM product growth and design wins in its latest earnings call, offsetting declines in licensing revenue. The company is focused on high-reliability products and expanding strategic partnerships, aiming for $100 million in annual revenue within three to five years. Despite near-term earnings pressure from licensing declines, Everspin maintains a solid balance sheet and a cautiously optimistic outlook.

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