Intermolecular (NASDAQ:IMI) issued its earnings results on Tuesday. The semiconductor company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.03, Bloomberg Earnings reports. The company had revenue of $10.55 million during the quarter. Intermolecular had a negative return on equity of 34.24% and a negative net margin of 36.38%.
Shares of Intermolecular (NASDAQ:IMI) traded down $0.01 during mid-day trading on Wednesday, reaching $1.24. The company had a trading volume of 48,400 shares, compared to its average volume of 76,138. Intermolecular has a 52 week low of $0.80 and a 52 week high of $1.65.
Separately, ValuEngine upgraded Intermolecular from a “sell” rating to a “hold” rating in a report on Sunday, December 31st.
Intermolecular, Inc provides thin film solutions. The Company’s high productivity combinatorial (HPC) platform, which consists of its tempus processing tools, its automated characterization methods, and its Informatics analysis software, is purpose-built for research and development (R&D) using combinatorial process systems.
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