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

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

Atomera Price Performance

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

About Atomera

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.