Atomera Q2 2024 GAAP EPS $(0.16) Misses $(0.15) Estimate, Sales $72.000K Miss $100.000K Estimate
Portfolio Pulse from Benzinga Newsdesk
Atomera (NASDAQ:ATOM) reported Q2 2024 GAAP EPS of $(0.16), missing the $(0.15) estimate. Sales were $72.000K, missing the $100.000K estimate.
July 30, 2024 | 8:25 pm
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Atomera reported Q2 2024 GAAP EPS of $(0.16), missing the $(0.15) estimate. Sales were $72.000K, missing the $100.000K estimate. This indicates a short-term negative impact on the stock price.
The company's earnings and sales both missed analyst estimates, which is likely to result in a negative short-term impact on the stock price. The EPS miss was by 6.67%, and the sales miss was by 28.00%, indicating significant underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100