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

Atomera (NASDAQ:ATOM) announced its quarterly earnings results 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 ATOM opened at $5.32 on Thursday. Atomera has a 1 year low of $2.31 and a 1 year high of $17.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25. The company has a market capitalization of $153.11 million, a price-to-earnings ratio of -7.60 and a beta of 1.38. The business has a 50-day moving average of $9.85 and a 200-day moving average of $5.82.

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.