🔴 Atomera is trading 17% down today after reporting a wider Q2 net loss and EPS miss

Atomera is trading 17% down at $4.69 after reporting a wider-than-expected Q2 net loss and missing earnings per share estimates.

• The company posted a net loss of $6.3 million and a loss per share of $0.17, missing the analyst forecast of a $0.13 loss.
• While revenue beat modest expectations, higher operating expenses and a lack of near-term revenue guidance are weighing on investor sentiment.