Everspin Technologies, Inc. (MRAM) Q3 2024 Earnings Call Transcript

featured-image

Everspin Technologies, Inc. ( NASDAQ: MRAM ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Sanjeev Aggarwal - President and Chief Executive Officer Matt Tenorio - Interim Chief Financial Officer Conference Call Participants Shadi Mitwalli - Needham & Company Richard Shannon - Craig-Hallum Operator Good afternoon and welcome to Everspin Technologies Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

At the conclusion of management's prepared remarks, instructions will be provided for the question-and-answer session. As a reminder, this conference call is being recorded. I would now like to turn the conference over to Cassidy Patterson, Investor Relations for Everspin.



Unidentified Company Representative Thank you, operator, and good afternoon, everyone. Everspin released results for the third quarter 2024, ended September 30, 2024, this afternoon after market close. I'm Cassidy Patterson, Investor Relations for Everspin.

And with me on today's call are Sanjeev Agarwal, President and Chief Executive Officer; and Matt Tenorio, Interim Chief Financial Officer. Before we begin the call, I’d like to remind you that this conference call contains forward-looking statements regarding future events, including, but not limited to, the company’s expectations for Everspin’s future business, financial performance and goals. Customer and industry adoption of MRAM technology, successfully bringing to market and manufacturing products in Everspin’s design pipeline and executing on its business plan.

These forward-looking statements are based on estimates, judgments, current trends and market conditions and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. We would encourage you to review the company’s SEC filings, including the annual report on Form 10-K and other SEC filings made from time to time in which the company may discuss risk factors associated with investing in Everspin. All forward-looking statements.