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

Aterian

09/05/2022 23:28

* Aterian Inc  ATER.OQ  reported a quarterly adjusted loss
of 25
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 25 cents per share.
    * Revenue fell 13.4% to $41.67 million from a year ago; 
analysts
expected $43.46 million. 
    * Aterian Inc's reported EPS for the quarter was a loss
of 78
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.7%
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 77.8% this quarter and
gained 5.1% so far this year.
    * The company reported a quarterly loss of $42.78 million.
    * Wall Street's median 12-month price target for Aterian Inc
is
$6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 9 at 10:28 p.m.  ​All
figures in US dollars unless otherwise stated