Picture of Atomera logo

ATOM Atomera News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologySpeculativeSmall CapNeutral

Semiconductor firm Atomera's Q3 net loss widens to $5.6 mln

Overview

Atomera reports Q3 net loss of $5.6 mln, wider than last year's loss

Adjusted EBITDA loss widens to $4.4 mln from $3.9 mln in Q3 2024

Atomera's cash reserves fall to $20.3 mln from $26.8 mln at 2024 end

Outlook

Atomera did not provide specific financial guidance for the current quarter or full year in press release

Result Drivers

MST WAFERS - Record number of MST wafers processed for customers, indicating increased customer engagement

PARTNERSHIP RESULTS - Partnership with capital equipment partner starting to show results

NEW VP OF SALES - Hiring of Wei Na as VP of Sales Management expected to accelerate pipeline conversion

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net Income-$5.57 mln
Q3 Basic EPS-$0.17
Q3 Operating Expenses$5.67 mln
Q3 Operating Income-$5.79 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the semiconductors peer group is "buy" Wall Street's median 12-month price target for Atomera Inc is $5.00, about 34% above its October 27 closing price of $3.30 Press Release: ID:nACSSc6gsa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Atomera

See all news