Aterian: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Aterian, Inc. (ATER) on Tuesday reported a loss of $34.8 million in its second quarter.

The New York-based company said it had a loss of 45 cents per share. Losses, adjusted for asset impairment costs, were 22 cents per share.

The company posted revenue of $35.3 million in the period.

For the current quarter ending in September, Aterian said it expects revenue in the range of $32.5 million to $37.5 million.

In the final minutes of trading on Tuesday, the company’s shares hit 39 cents. A year ago, they were trading at $2.98.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ATER at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up