Atomera (NASDAQ:ATOM) Posts Earnings Results, Misses Estimates By $0.04 EPS

Atomera (NASDAQ:ATOM) announced its earnings results on Tuesday. The technology company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.04), Zacks reports. Atomera had a negative net margin of 9,742.17% and a negative return on equity of 86.22%. The company had revenue of $0.16 million for the quarter, compared to the consensus estimate of $0.10 million.

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

• Atomera cleared a significant manufacturability milestone with one of its two active Gate-All-Around customers, potentially leading to licensing discussions after additional electrical testing. Management cautioned that customer qualification could still take until late 2026 or longer.
• The company introduced a new value proposition for next-generation 4F² DRAM and said multiple customers have validated the concept, supported by a favorable TCAD study. Work developed for DRAM’s planar periphery may also apply to NAND flash, potentially more than doubling Atomera’s total addressable market.
• New RF data showed MST-enabled GaN-on-silicon delivering effectively lossless RF and harmonic-distortion performance roughly 1,000 times better than a reference wafer at benchmark power levels. The results generated industry interest at IMS and led to evaluations with several potential customers, opening a possible market for integrated RF front ends and power amplifiers.
• Second-quarter revenue was only $158,000, while the GAAP net loss widened to $6.3 million from $5.0 million a year earlier; cash and short-term investments fell to $38.4 million. Atomera also expects 2026 non-GAAP operating expenses near the high end of its $18.25 million–$18.75 million range as outsourced engineering, tool leases, metrology, and fabrication costs rise.

Atomera Price Performance

Shares of NASDAQ:ATOM traded up $0.13 during trading on Thursday, hitting $5.37. The company’s stock had a trading volume of 55,149 shares, compared to its average volume of 1,976,447. The firm has a market cap of $207.93 million, a price-to-earnings ratio of -8.18 and a beta of 2.11. The company has a 50-day moving average of $7.28 and a 200-day moving average of $6.03. Atomera has a 12 month low of $1.89 and a 12 month high of $12.36.

Wall Street Analyst Weigh In

ATOM has been the topic of a number of recent analyst reports. Wall Street Zen lowered Atomera from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atomera in a research report on Friday, May 15th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Atomera has an average rating of “Sell”.

Insider Activity at Atomera

In other news, CFO Francis Laurencio sold 20,400 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $9.44, for a total value of $192,576.00. Following the completion of the sale, the chief financial officer directly owned 253,353 shares in the company, valued at $2,391,652.32. This represents a 7.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 8.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ATOM. Geode Capital Management LLC raised its stake in Atomera by 98.3% during the 2nd quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock worth $3,627,000 after acquiring an additional 356,579 shares during the period. Marshall Wace LLP bought a new position in shares of Atomera in the fourth quarter worth approximately $396,000. Jane Street Group LLC boosted its position in shares of Atomera by 243.1% in the fourth quarter. Jane Street Group LLC now owns 171,424 shares of the technology company’s stock worth $379,000 after purchasing an additional 121,457 shares during the period. XTX Topco Ltd purchased a new stake in shares of Atomera in the fourth quarter worth $213,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Atomera by 82.3% in the first quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock worth $561,000 after purchasing an additional 63,305 shares in the last quarter. Institutional investors own 30.79% of the company’s stock.

Atomera Company Profile

Atomera Inc is a materials engineering company that develops and licenses advanced thin film technologies for the semiconductor industry. Its flagship offering, Mears Silicon Technology (MST), is designed to enhance transistor performance, improve power efficiency and boost device yields. Atomera’s solutions are integrated into existing fabrication processes without major changes to equipment or materials flows, enabling foundries and integrated device manufacturers to adopt the technology with minimal disruption.

At the core of Atomera’s business model is the licensing and patent-licensing of MST.