Everspin Technologies, Inc. provided earnings guidance for the second quarter of 2023. For the second quarter 2023, the company expects total revenue in a range of $14.5 million to $15.5 million. The company expects GAAP net income per basic share to be between breakeven and $0.05, primarily influenced by expenses related to next generation 28nm STT-MRAM product development and price increases from its suppliers.
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