Atomera Inc reports results for the quarter ended in December - Earnings Summary

Atomera

13/02/2024 22:02

* Atomera Inc  ATOM.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in December, identical
to the same quarter last year.  The lone analyst forecast for
the quarter was for a loss of 11 cents per share. 
    * Revenue rose 10,900% to $550.00 thousand from a year ago;
analysts expected $500.00 thousand. 
    * Atomera Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The company reported a quarterly loss of $4.58 million.
    * Atomera Inc shares had risen by 30.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Atomera Inc is
$13.00 
This summary was machine generated from LSEG data February 13 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.11          -0.14          Missed
 Sep. 30 2023      -0.16          -0.16          Met
 Jun. 30 2023      -0.16          -0.16          Met
 Mar. 31 2023      -0.17          -0.17          Met