Everspin Technologies is trading at $17.43, up 8% in pre-market as investors react to a 42% year-over-year revenue surge and robust forward guidance.
- The company reported revenue of $18.7 million, driven by core business performance and initial defense-contract contributions.
- Management issued a strong Q3 2026 revenue outlook of $19.5–$20.5 million, signaling continued momentum despite one-time litigation and engineering costs.
- Shares are rebounding from a sharp pullback in the prior session as the market refocuses on the company's long-term growth story.