Atomera Incorporated Reports Third Quarter Results

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Atomera Incorporated Intrinsic Value – Atomera Incorporated ($NASDAQ:ATOM) is a technology development and licensing company that specializes in semiconductor technology. The company today announced its financial results for the third quarter of 2022. For the quarter, the company reported a GAAP loss of $0.20 per share. Adjusted EBITDA in the third quarter of 2022 was a loss of $4.0 million compared to an adjusted EBITDA loss of $2.5 million in the third quarter of 2021. The company’s financial results for the third quarter were impacted by several factors, including lower revenue from licensing and technology development agreements.

However, the company did see an increase in revenue from its patent portfolio. Looking forward, Atomera Incorporated remains focused on developing and licensing its technology to help its partners improve the performance of their products. The company is also working to expand its patent portfolio to create additional revenue streams.

Share Price

ATOMERA INCORPORATED reported their third quarter results on Wednesday and the stock prices took a significant plunge. ATOMERA opened at $9.20 and closed at $8.40, which is 11.0% lower than the previous closing price of $9.40. This significant drop in stock prices is sure to impact the company in a negative way, but it remains to be seen how long-term this will be.

VI Analysis – Atomera Incorporated Intrinsic Value

ATOMERA INCORPORATED is a technology company with a focus on developing and delivering innovative materials to the semiconductor industry. The company’s fundamentals reflect its long-term potential, and the company’s share price is currently undervalued by around 22%. The company’s products have the potential to improve the performance of semiconductor devices, and the company is well positioned to benefit from the continued growth in the semiconductor industry.

VI Peers

In the semiconductor industry, there is intense competition between Atomera Inc and its competitors Suzhou Oriental Semiconductor Co Ltd, Micromem Technologies Inc, Neural Pocket Inc. All of these companies are vying for a share of the market and are constantly innovating to stay ahead of the competition. Atomera Inc has a strong portfolio of products and technologies that gives it a competitive edge in the market. However, its competitors are also very strong and are constantly introducing new products and technologies to the market.

– Suzhou Oriental Semiconductor Co Ltd ($SHSE:688261)

Suzhou Oriental Semiconductor Co Ltd is a Chinese company that manufactures semiconductor products. As of 2022, the company has a market capitalization of 17.42 billion US dollars and a return on equity of 5.65%. The company’s products are used in a wide range of electronic devices, including mobile phones, personal computers, and industrial equipment.

– Micromem Technologies Inc ($OTCPK:MMTIF)

MicroMem Technologies Inc is a company that specializes in the development and manufacturing of high-density, low power consumption memory products. The company’s products are used in a variety of applications including digital cameras, camcorders, MP3 players, mobile phones, and personal computers. MicroMem Technologies Inc has a market cap of 14.91M as of 2022 and a Return on Equity of -15.58%. The company’s products are used in a variety of applications including digital cameras, camcorders, MP3 players, mobile phones, and personal computers.

– Neural Pocket Inc ($TSE:4056)

Neural Pocket Inc is a technology company that specializes in artificial intelligence and machine learning. The company has a market cap of 14.86B as of 2022 and a Return on Equity of -73.11%. The company’s products and services are used by a variety of businesses and organizations, including banks, insurance companies, and retailers.

Summary

ATOMERA INCORPORATED is a development stage company, which engages in the business of developing, commercializing, and licensing proprietary semiconductor materials, processes, and technologies. It focuses on creating and enhancing transistor performance on semiconductor wafers.