Atomera (NASDAQ:ATOM) Issues Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Atomera (NASDAQ:ATOM) posted its quarterly earnings data on Tuesday. The technology company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04), Zacks reports.

Here are the key takeaways from Atomera’s conference call:

• Atomera cleared a significant manufacturability milestone with one of its two active Gate-All-Around customers, potentially leading to licensing discussions after additional electrical testing. Management cautioned that customer qualification could still take until late 2026 or longer.
• The company introduced a new value proposition for next-generation 4F² DRAM and said multiple customers have validated the concept, supported by a favorable TCAD study. Work developed for DRAM’s planar periphery may also apply to NAND flash, potentially more than doubling Atomera’s total addressable market.
• New RF data showed MST-enabled GaN-on-silicon delivering effectively lossless RF and harmonic-distortion performance roughly 1,000 times better than a reference wafer at benchmark power levels. The results generated industry interest at IMS and led to evaluations with several potential customers, opening a possible market for integrated RF front ends and power amplifiers.
• Second-quarter revenue was only $158,000, while the GAAP net loss widened to $6.3 million from $5.0 million a year earlier; cash and short-term investments fell to $38.4 million. Atomera also expects 2026 non-GAAP operating expenses near the high end of its $18.25 million–$18.75 million range as outsourced engineering, tool leases, metrology, and fabrication costs rise.

Atomera Stock Up 6.8%

Shares of Atomera stock traded up $0.36 on Tuesday, hitting $5.65. 1,236,104 shares of the company were exchanged, compared to its average volume of 1,996,413. The company has a 50-day moving average price of $7.53 and a 200 day moving average price of $5.99. The stock has a market capitalization of $218.77 million, a price-to-earnings ratio of -8.69 and a beta of 2.11. Atomera has a 1-year low of $1.89 and a 1-year high of $12.36.

Analyst Ratings Changes

Several brokerages have recently issued reports on ATOM. Wall Street Zen lowered shares of Atomera from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atomera in a research note on Friday, May 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Atomera presently has an average rating of “Sell”.

Insider Buying and Selling

In other Atomera news, CFO Francis Laurencio sold 20,400 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $9.44, for a total transaction of $192,576.00. Following the transaction, the chief financial officer owned 253,353 shares of the company’s stock, valued at approximately $2,391,652.32. The trade was a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 8.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC raised its stake in Atomera by 98.3% during the second quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock worth $3,627,000 after purchasing an additional 356,579 shares during the period. Marshall Wace LLP acquired a new stake in shares of Atomera during the 4th quarter worth approximately $396,000. Jane Street Group LLC raised its position in shares of Atomera by 243.1% during the 4th quarter. Jane Street Group LLC now owns 171,424 shares of the technology company’s stock valued at $379,000 after buying an additional 121,457 shares during the period. XTX Topco Ltd acquired a new position in Atomera in the fourth quarter valued at approximately $213,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Atomera by 82.3% in the first quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock valued at $561,000 after acquiring an additional 63,305 shares during the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

Atomera Company Profile

Atomera Inc is a materials engineering company that develops and licenses advanced thin film technologies for the semiconductor industry. Its flagship offering, Mears Silicon Technology (MST), is designed to enhance transistor performance, improve power efficiency and boost device yields. Atomera’s solutions are integrated into existing fabrication processes without major changes to equipment or materials flows, enabling foundries and integrated device manufacturers to adopt the technology with minimal disruption.

At the core of Atomera’s business model is the licensing and patent-licensing of MST.