Atomera (NASDAQ:ATOM) Releases Quarterly Earnings Results, Meets Estimates

Atomera (NASDAQ:ATOM) issued its quarterly earnings results on Thursday. The technology company reported ($0.14) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.14), Zacks reports. The business had revenue of $0.05 million for the quarter, compared to analysts’ expectations of $0.10 million.

Here are the key takeaways from Atomera’s conference call:

• In recent silicon tests Atomera demonstrated that MST can be deposited into Gate‑All‑Around nanosheet structures and provides superior phosphorus diffusion blocking versus silicon‑arsenic, and management expects engagement with leading fabs (TSMC, Samsung, Intel, Rapidus) over the next few quarters.
• Multiple wafer‑based initiatives across DRAM, RF SOI and GaN are underway — a commercial customer has begun GaN‑on‑silicon wafer runs and a PowerAmerica concept advanced to the proposal stage — which the company says should accelerate time to revenue.
• Financials remain constrained: 2025 revenue was only $65,000, GAAP net loss was $20.2M, cash and short‑term investments fell to $19.2M, and the company used $14.9M in operating cash during 2025.
• 2026 non‑GAAP operating expense is guided to about $18.5M (a 17% increase on paper, ~8% normalized) to add two senior go‑to‑market hires and to potentially accrue withheld executive bonuses tied to aggressive commercial milestones.
• Management reports growing commercial momentum — record wafer runs, ongoing joint development activity, and expectation of commercial deal and license announcements in 2026 — though customer testing cycles commonly take 6–9 months before next steps.

Atomera Stock Down 2.8%

Shares of ATOM stock traded down $0.07 during trading hours on Thursday, hitting $2.39. 444,825 shares of the company’s stock traded hands, compared to its average volume of 573,219. The stock has a market cap of $75.72 million, a price-to-earnings ratio of -3.57 and a beta of 1.06. The stock’s fifty day simple moving average is $2.45 and its two-hundred day simple moving average is $3.14. Atomera has a 12-month low of $1.89 and a 12-month high of $7.73.

Institutional Investors Weigh In On Atomera

Several hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers purchased a new position in shares of Atomera in the 2nd quarter worth about $230,000. Geode Capital Management LLC grew its position in Atomera by 98.3% during the 2nd quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock valued at $3,627,000 after purchasing an additional 356,579 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Atomera by 82.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock valued at $561,000 after purchasing an additional 63,305 shares in the last quarter. XTX Topco Ltd increased its stake in Atomera by 147.7% during the 2nd quarter. XTX Topco Ltd now owns 25,473 shares of the technology company’s stock valued at $128,000 after purchasing an additional 15,188 shares in the last quarter. Finally, Invesco Ltd. purchased a new position in Atomera in the second quarter worth about $108,000. 30.79% of the stock is owned by institutional investors.

Atomera Company Profile

Atomera Inc is a materials engineering company that develops and licenses advanced thin film technologies for the semiconductor industry. Its flagship offering, Mears Silicon Technology (MST), is designed to enhance transistor performance, improve power efficiency and boost device yields. Atomera’s solutions are integrated into existing fabrication processes without major changes to equipment or materials flows, enabling foundries and integrated device manufacturers to adopt the technology with minimal disruption.

At the core of Atomera’s business model is the licensing and patent-licensing of MST.