Q2 net loss widens to $5.2M ($0.21/shr); STM productization begins

Atomera Inc

2023-Q2 EPS reported -$0.42

Net loss of $5.2M ($0.21/diluted share) in Q2 2023 vs. $4.5M ($0.20) in Q2 2022.
Adjusted EBITDA loss of $4.3M vs. $3.6M loss in prior-year quarter.
Cash, equivalents & ST investments: $23.8M at June 30, 2023, up from $21.2M at Dec 31, 2022.
Commenced productization with STMicroelectronics under previously announced commercial license.
CEO cites growing customer interest across power/analog, RFSOI, advanced nodes, and DRAM.

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 0.9

Atomera Inc reported second quarter ended June 30, 2023 results: net income ($5.2) million, EPS ($0.21) per basic and diluted share.

Period: second quarter ended June 30, 2023
Net income: ($5.2) million
EPS: ($0.21) per basic and diluted share
Result: reported results

Exact text from the filing

The Company incurred a net loss of ($5.2) million, or ($0.21) per basic and diluted share in the second quarter of 2023, compared to a net loss of ($4.5) million, or ($0.20) per basic and diluted share, for the second quarter of 2022.

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Source: SEC EDGAR

accession 0001683168-23-005214

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