Aterian Inc reports results for the quarter ended in December - Earnings Summary

Aterian

09/03/2023 23:28

* Aterian Inc  ATER.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue fell 13.3% to $54.90 million from a year ago;
analysts
expected $53.18 million. 
    * Aterian Inc's reported EPS for the quarter was a loss
of 27
cents​.
    * The mean earnings estimate of analysts had risen by
about 10% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Aterian Inc shares had risen by 41.5% this quarter.
    * The company reported a quarterly loss of $20.3 million.
    * Wall Street's median 12-month price target for Aterian Inc
is
$3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 11:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.25          -0.27          Missed
 Sep. 30 2022      -0.22          -1.81          Missed
 Jun. 30 2022      -0.12          -0.26          Missed
 Mar. 31 2022      -0.25          -0.25          Met