Atomera Q1 2024 GAAP EPS $(0.19) Misses $(0.15) Estimate, Sales $18.000K
Portfolio Pulse from Benzinga Newsdesk
Atomera reported Q1 2024 GAAP EPS of $(0.19), missing the $(0.15) estimate, with sales reaching $18,000. The earnings miss may impact investor sentiment.
April 25, 2024 | 8:17 pm
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Atomera's Q1 2024 earnings miss with a GAAP EPS of $(0.19) against estimates of $(0.15) and sales of $18,000 could negatively impact investor sentiment.
Earnings misses typically lead to negative investor sentiment in the short term as they reflect operational or market challenges not anticipated by analysts. The miss in both EPS and the slight sales figure reported by Atomera could lead to a decrease in stock price as investors adjust their expectations.
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IMPORTANCE 90
RELEVANCE 100