Atomera Q2 EPS $(0.21) Misses $(0.16) Estimate
Portfolio Pulse from mahesh@benzinga.com
Atomera reported Q2 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.16) by 31.25 percent. This represents a 5 percent decrease over losses from the same period last year.
August 04, 2023 | 12:24 pm
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NEGATIVE IMPACT
Atomera's Q2 earnings missed analyst estimates by 31.25%, indicating a potential negative impact on the stock.
Earnings reports are a key indicator of a company's financial health. Atomera's larger than expected loss could negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100