Atomera (ATOM) Set to Announce Quarterly Earnings on Tuesday

Atomera (NASDAQ:ATOM) is set to release its earnings data after the market closes on Tuesday, October 29th. Individual interested in participating in the company’s earnings conference call can do so using this link.

Atomera (NASDAQ:ATOM) last released its quarterly earnings results on Tuesday, July 30th. The technology company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The company had revenue of $0.07 million during the quarter.

Atomera Stock Down 1.1 %

NASDAQ ATOM opened at $3.48 on Tuesday. The company has a quick ratio of 6.03, a current ratio of 6.03 and a debt-to-equity ratio of 0.06. Atomera has a 52 week low of $2.31 and a 52 week high of $9.19. The firm has a market capitalization of $93.57 million, a price-to-earnings ratio of -4.46 and a beta of 1.52. The company has a fifty day moving average of $2.83 and a two-hundred day moving average of $3.75.

Analyst Ratings Changes

Separately, Craig Hallum dropped their price target on shares of Atomera from $13.00 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st.

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.