Atomera (NASDAQ:ATOM) Issues Earnings Results, Misses Expectations By $0.02 EPS

Atomera (NASDAQ:ATOM - Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.02), Zacks reports. Atomera had a negative net margin of 2,773.11% and a negative return on equity of 104.98%.

Atomera Price Performance

NASDAQ ATOM traded down $0.54 during trading hours on Friday, reaching $6.11. 848,327 shares of the company's stock were exchanged, compared to its average volume of 815,014. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. The stock has a market cap of $175.85 million, a PE ratio of -8.73 and a beta of 1.38. The firm has a fifty day moving average of $9.82 and a 200-day moving average of $5.86. Atomera has a one year low of $2.31 and a one year high of $17.55.

Atomera Company Profile

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.