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Sep 30, 2024
Cosmos Q3 2024 Earnings Report
Atomera reported a net loss for Q3 2024 and highlighted expanding opportunities in the power segment of the semiconductor industry.
Key Takeaways
Atomera reported a net loss of $4.6 million, or $0.17 per share, for the third quarter of 2024. The company's cash, cash equivalents, and short-term investments totaled $17.3 million as of September 30, 2024. Management is optimistic about accelerating engagements and potential new licenses and JDAs.
Net loss was ($4.6) million, or ($0.17) per basic and diluted share, in Q3 2024.
Adjusted EBITDA loss was ($3.9) million in Q3 2024.
Cash, cash equivalents, and short-term investments totaled $17.3 million as of Sept. 30, 2024.
Management is optimistic about accelerating engagements and potential new licenses.
Forward Guidance
Atomera is optimistic about accelerating engagements in other segments which they believe will lead to the announcement of licenses and JDAs with more customers in the near term.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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