Everspin Technologies (NASDAQ:MRAM) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.06 by 50 percent. This is a 84.21 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $15.70 million which beat the analyst consensus estimate of $14.60 million by 7.53 percent. This is a 13.74 percent decrease over sales of $18.20 million the same period last year.
Could AI Lift All Boats? Top Wall Street Bank Predicts Potential 14% Rise in S&P 500 Fair Value, Flags Risks Over NVIDIA’s Dot-Com-Like Valuations
Widespread adoption of artificial intelligence (AI) might enhance productivity growth and lead to higher stock market valuations, according to Goldman Sachs.
