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

Atomera (NASDAQ:ATOM) posted its earnings results on Tuesday. The technology company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.02), Zacks reports. Atomera had a negative return on equity of 104.98% and a negative net margin of 2,773.11%.

Atomera Stock Performance

Shares of NASDAQ:ATOM traded up $0.08 on Tuesday, hitting $8.65. The company had a trading volume of 691,430 shares, compared to its average volume of 946,669. The stock has a market cap of $248.95 million, a price-to-earnings ratio of -12.36 and a beta of 1.38. The stock has a 50 day moving average price of $9.80 and a 200 day moving average price of $5.79. Atomera has a 1-year low of $2.31 and a 1-year high of $17.55. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05.

About Atomera

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.