Atomera (NASDAQ:ATOM) Releases Earnings Results, Misses Estimates By $0.02 EPS

Atomera (NASDAQ:ATOM) posted its quarterly earnings results on Tuesday. The technology company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.02), Zacks reports. Atomera had a negative return on equity of 104.98% and a negative net margin of 2,773.11%.

Atomera Stock Up 0.9 %

Shares of NASDAQ ATOM traded up $0.08 during mid-day trading on Tuesday, reaching $8.65. The company had a trading volume of 765,784 shares, compared to its average volume of 952,075. Atomera has a twelve month low of $2.31 and a twelve month high of $17.55. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.25 and a current ratio of 5.25. The stock has a market capitalization of $248.95 million, a PE ratio of -12.36 and a beta of 1.38. The stock’s 50 day moving average is $9.80 and its 200-day moving average is $5.79.

Atomera Company Profile

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.