Overview
* Atomera ( ATOM ) reports Q3 net loss of $5.6 mln, wider than last year's loss
* Adjusted EBITDA loss widens to $4.4 mln from $3.9 mln in Q3 2024
* Atomera's ( ATOM ) cash reserves fall to $20.3 mln from $26.8 mln at 2024 end
Outlook
* Atomera ( ATOM ) did not provide specific financial guidance for the current quarter or full year in press release
Result Drivers
* MST WAFERS - Record number of MST wafers processed for customers, indicating increased customer engagement
* PARTNERSHIP RESULTS - Partnership with capital equipment partner starting to show results
* NEW VP OF SALES - Hiring of Wei Na as VP of Sales Management expected to accelerate pipeline conversion
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$5.57
Income mln
Q3 Basic -$0.17
EPS
Q3 $5.67
Operatin mln
g
Expenses
Q3 -$5.79
Operatin mln
g Income
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the semiconductors peer group is "buy"
* Wall Street's median 12-month price target for Atomera Inc ( ATOM ) is $5.00, about 34% above its October 27 closing price of $3.30
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)