🟢 Everspin Technologies is trading 10.9% up today after record Q2 revenue and upbeat Q3 guidance

Everspin Technologies is trading 10.9% up at $17.90 after reporting record second-quarter revenue growth and issuing strong guidance for the third quarter.

• Revenue surged 42% year-over-year to $18.7 million, beating analyst estimates.
• The company issued Q3 revenue guidance above consensus expectations, signaling continued growth momentum.
• Non-GAAP profit topped forecasts, though GAAP earnings were impacted by litigation and engineering costs.