Atomera (NASDAQ:ATOM) Announces Earnings Results

Atomera (NASDAQ:ATOM) posted its quarterly earnings results on Tuesday. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate 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 %

ATOM stock opened at $8.65 on Wednesday. The business’s 50-day simple moving average is $9.80 and its 200 day simple moving average is $5.79. The company has a quick ratio of 5.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.05. The company has a market cap of $248.95 million, a PE ratio of -12.36 and a beta of 1.38. Atomera has a twelve month low of $2.31 and a twelve month high of $17.55.

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.