Atomera Inc ATOM.OQ reported a quarterly adjusted loss of 12 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The lone analyst forecast for the quarter was for a loss of 14 cents per share.
Reported revenue was zero; analysts expected zero.
Atomera Inc's reported EPS for the quarter was a loss of 17 cents.
Atomera Inc shares had fallen by 9.3% this quarter and lost 60.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.7% 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 $8.00, about 42.9% above its last closing price of $4.57
This summary was machine generated from LSEG data August 5 at 09:00 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)