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Atomera (ATOM)
NASDAQ:ATOM
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.14Last Year’s EPS
-$0.18Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: 169.97%
|Next Earnings Date:Feb 18, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Atomera's significant technological advancements and strong customer engagement, particularly with major players like STMicroelectronics. However, financial challenges such as declining revenue and cash position, along with delays in legacy node production, present concerns. Despite these challenges, the prospects for growth and new technology opportunities convey a cautiously optimistic outlook.Company Guidance
During Atomera's Q3 2024 earnings call, the company highlighted several key metrics and developments that signal robust progress and future potential. The power semiconductor market is projected to exceed $52 billion in 2024, with Atomera's MST technology playing a pivotal role, especially in collaborations with companies like STMicroelectronics. The memory segment, valued at over $110 billion in 2023, also presents significant opportunities for Atomera's materials engineering solutions. Financially, Atomera reported a GAAP net loss of $4.6 million or $0.17 per share for Q3 2024, an improvement from the $5 million loss in the same quarter last year. Revenues were reported at $22,000, a decrease from $72,000 in Q2 2024. Operating expenses decreased compared to Q3 2023, primarily due to a decline in R&D and sales and marketing expenses. The company ended the quarter with $17.3 million in cash, cash equivalents, and short-term investments and is in active discussions for transformative deals that could significantly impact its revenue and market position.Positive Momentum in Customer Engagement
Atomera has seen intensified customer engagement, working with multiple large customers and making progress in several segments. The company is optimistic about converting these engagements into JDAs or license agreements.
Advancements in Technology Segments
Atomera has made significant advancements in the development of MST technology for power semiconductors, advanced nodes, memory, and RF-SOI, with opportunities in the rapidly growing GaN market.
Progress with STMicroelectronics
STMicroelectronics' project is progressing well, with a focus on MSTcad simulations and manufacturability enhancements. ST has confirmed that development is moving towards production.
Financial Improvements
The GAAP net loss decreased from $5 million in Q3 2023 to $4.6 million in Q3 2024, with a decrease in operating expenses due to lower R&D and sales and marketing expenses.
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ATOM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATOM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $3.33 | $4.27 | +28.23% |
| Jul 30, 2024 | $3.10 | $3.51 | +13.23% |
| Apr 25, 2024 | $5.37 | $4.45 | -17.13% |
| Feb 13, 2024 | $8.26 | $7.15 | -13.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Atomera (ATOM) report earnings?
Atomera (ATOM) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Atomera (ATOM) earnings time?
Atomera (ATOM) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATOM EPS forecast?
ATOM EPS forecast for the fiscal quarter 2024 (Q4) is -$0.14.
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