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

Aterian

10/05/2023 17:21

* Aterian Inc  ATER.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 16.3% to $34.88 million from a year ago;
analysts
expected $33.65 million. 
    * Aterian Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The mean earnings estimate of analysts had risen by
about 18.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Aterian Inc shares had fallen by 9.3% this quarter and
gained 1.3% so far this year.
    * The company reported a quarterly loss of $25.8 million.
    * Wall Street's median 12-month price target for Aterian Inc
is
$2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 04:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.16          -0.12          Beat
 Dec. 31 2022      -0.25          -0.27          Missed
 Sep. 30 2022      -0.22          -1.81          Missed
 Jun. 30 2022      -0.12          -0.26          Missed