Atomera (ATOM) Tops Q4 EPS by 1c

Atomera (NASDAQ: ATOM) reported Q4 EPS of ($0.18), $0.01 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $138 thousand versus the consensus estimate of $130 thousand.

Company Highlights

• Record amount of customer activity as measured by wafer shipments and phase 3 engagements
• Strong technical results in each of Atomera’s focus areas
• Strong cash position

Management Commentary

“Atomera has exited 2019 with very strong momentum, with more customer activity than at any time in our history,” said Scott Bibaud, President and CEO. “Our recent technology and customer advances give us confidence to increase investment in our business to accelerate our progress toward additional licenses and revenue growth.”

For earnings history and earnings-related data on Atomera (ATOM) click here.

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