🟢 Everspin Technologies is trading 5.72% up today after record Q2 revenue and above-expectation Q3 outlook

Everspin Technologies is trading 5.72% up at $16.60 after investors reassessed its August 5 earnings report and outlook.

• Second-quarter revenue reached a record $18.7 million, while non-GAAP EPS beat expectations at $0.11.
• Management projected Q3 revenue of $19.5 million–$20.5 million, above analyst expectations.
• The rebound follows declines of 7.35% on August 5 and 3.04% on August 6.