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

Aterian

09/08/2022 06:43

* Aterian Inc  ATER.OQ  reported a quarterly adjusted loss
of 26
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue fell 14.5% to $58.27 million from a year ago;
analysts
expected $59.61 million. 
    * Aterian Inc's reported EPS for the quarter was a loss
of 26
cents​.
    * The mean earnings estimate of analysts was unchanged 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 38.0% this quarter and
lost 27.5% so far this year.
    * The company reported a quarterly loss of $16.31 million.
    * Wall Street's median 12-month price target for Aterian Inc
is
$5.00 
    * 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 Refinitiv data August 9
at 05:43 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.12          -0.26          Missed
 Mar. 31 2022      -0.25          -0.25          Met
 Dec. 31 2021      -0.26          -0.11          Beat
 Sep. 30 2021      -0.29          -3.13          Missed