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

Atomera

31/07/2024 04:40

* Atomera Inc  ATOM.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in June, identical to
the same quarter last year.  The lone analyst forecast for the
quarter was for a loss of 15 cents per share. 
    * Revenue was $72.00 thousand​; analysts expected $100.00
thousand. 
    * Atomera Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $4.36 million.
    * Atomera Inc shares had fallen by 16.5% this quarter and
lost 54.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 July 31 at
03:40 a.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
 Jun. 30 2024      -0.15          -0.16          Missed
 Mar. 31 2024      -0.15          -0.19          Missed
 Dec. 31 2023      -0.11          -0.14          Missed
 Sep. 30 2023      -0.16          -0.16          Met