Atomera (NASDAQ:ATOM) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Atomera (NASDAQ:ATOM) issued its earnings results on Thursday. The technology company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.03), Zacks reports. Atomera had a negative return on equity of 77.91% and a negative net margin of 9,742.17%.

Here are the key takeaways from Atomera’s conference call:

• Gate-All-Around engagement expanded to three of four industry leaders. Atomera said two customers are running MST on customer silicon and that it has met milestones so far, though evaluations remain at varying stages.
• Atomera broadened its memory opportunity into next-generation DRAM and NAND, including 4F squared vertical-transistor designs and solutions for matching 3D NAND logic and memory dies. Management characterized these engagements as early but supported by encouraging customer interest and silicon data.
• The company signed a joint development agreement with IQE to optimize and manufacture MST-enabled GaN-on-silicon wafers for RF and power applications. Management believes this could provide a faster path from laboratory results to commercial production, although it remains dependent on successful development and qualification.
• Atomera introduced the Prima brand for starting-wafer products and said those offerings now cover six applications, up from two a year ago. Management views Prima as potentially reaching production sooner than its selectively integrated Selecta products because customers can evaluate and qualify the wafers more quickly.
• The company reported no revenue in Q3, a GAAP net loss of $6 million, and cash and short-term investments of $34.8 million, down from $38.4 million in the prior quarter. Management expects roughly $50,000 of wafer-delivery revenue in Q4, while 2026 non-GAAP operating expenses remain projected near the high end of $18.5 million plus or minus $250,000 amid rising equipment, metrology, and fabrication costs.

Atomera Stock Up 10.0%

Shares of NASDAQ:ATOM traded up $0.30 during trading on Thursday, reaching $3.31. 912,998 shares of the company’s stock traded hands, compared to its average volume of 1,569,626. Atomera has a fifty-two week low of $1.89 and a fifty-two week high of $12.36. The firm has a market cap of $129.16 million, a PE ratio of -5.09 and a beta of 2.03. The company has a 50-day simple moving average of $4.00 and a 200-day simple moving average of $5.40.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ATOM. Wall Street Zen downgraded Atomera from a “hold” rating to a “sell” rating in a report on Monday, August 17th. Weiss Ratings raised shares of Atomera from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell”.

Atomera Company Profile

Atomera Incorporated is a semiconductor materials and technology company that develops solutions intended to improve the performance and energy efficiency of integrated circuits. Its core technology, Mears Silicon Technology (MST), is a proprietary semiconductor-materials innovation designed to enhance the characteristics of silicon-based transistors.

MST is engineered as a thin layer within the semiconductor manufacturing process. Atomera states that the technology can help chip manufacturers improve transistor performance, reduce power consumption, and potentially extend the capabilities of existing process technologies without requiring a complete redesign of the underlying manufacturing platform.

The company primarily operates through a licensing and technology-transfer model, working with semiconductor manufacturers and other industry participants to evaluate and integrate MST into their processes and products.