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

Aterian

09/11/2022 07:25

* Aterian Inc  ATER.OQ  reported a quarterly adjusted loss
of
$1.76​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss
of 22 cents per share.
    * Revenue fell 2.6% to $66.33 million from a year ago;
analysts
expected $57.84 million. 
    * Aterian Inc's reported EPS for the quarter was a loss of
$1.81​.
    * The mean earnings estimate of analysts had fallen by
about 4.7%
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 fallen by 14.5% this quarter and
lost 74.2% so far this year.
    * The company reported a quarterly loss of $116.9 million.
    * Wall Street's median 12-month price target for Aterian Inc
is
$4.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 07:25 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.22          -1.76          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