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Sep 30, 2020
Cosmos Q3 2020 Earnings Report
Atomera's financial results for the third quarter of 2020 were announced.
Key Takeaways
Atomera reported revenue of $0 for Q3 2020, with a net loss of $3.6 million, or ($0.19) per share. The company's cash and cash equivalents were $25.3 million as of September 30, 2020.
Atomera made excellent progress on customer and R&D developments in Q3 2020.
The company believes it is drawing closer to a joint development agreement encompassing development, licensing and manufacturing.
Atomera's 300mm wafer deposition capability is coming online, paired with new TCAD capabilities.
The ATM facility strengthened the balance sheet and positioned the company for the next phase of growth.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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