Atomera Inc reports results for the quarter ended in September 30 - Earnings Summary

Atomera

30/10/2024 04:10

* Atomera Inc  ATOM.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -16 cents.  The lone analyst forecast for the quarter was
for a loss of 15 cents per share. 
    * Revenue was $22.00 thousand​; analysts expected $100.00
thousand. 
    * Atomera Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $4.6 million.
    * Atomera Inc shares had risen by 40.3% this quarter and
lost 47.4% 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
$7.00 
This summary was machine generated from LSEG data October 30 at
04:10 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
 Sep. 30 2024      -0.15          -0.14          Beat
 Jun. 30 2024      -0.15          -0.13          Beat
 Mar. 31 2024      -0.15          -0.16          Missed
 Dec. 31 2023      -0.11          -0.14          Missed