Atomera Q3 net loss widens to $4.6M; cash at $23.3M; 26 customer engagements

Atomera Inc

2022-Q3 EPS reported -$0.57 revenue$377,000

Net loss of $4.6M ($0.20/sh) vs $4.2M loss ($0.19/sh) in Q3 2021.
Adjusted EBITDA loss of $3.7M vs $3.4M in prior year.
Cash and equivalents $23.3M as of Sep 30, 2022 (from $28.7M at Dec 31, 2021).
20 customers, 26 engagements; working with 50% of top 20 semiconductor makers.
CEO comments semiconductor industry slowdown provides opportunity for MST adoption.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Atomera Inc reported third quarter ended Sept. 30, 2022 results: net income ($4.6) million, EPS ($0.20) per basic and diluted share.

Period: third quarter ended Sept. 30, 2022
Net income: ($4.6) million
EPS: ($0.20) per basic and diluted share
Result: reported results

Exact text from the filing

Atomera Incorporated (NASDAQ: ATOM), a semiconductor materials and technology licensing company, today provided a corporate update and announced financial results for the third quarter ended Sept. 30, 2022.

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Source: SEC EDGAR

accession 0001683168-22-007449

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