SUMMIT, N.J. (AP) — SUMMIT, N.J. (AP) — Aterian, Inc. (ATER) on Tuesday reported a loss of $5.2 million in its first quarter.
The Summit, New Jersey-based company said it had a loss of 76 cents per share.
The company posted revenue of $20.2 million in the period.
For the current quarter ending in June, Aterian said it expects revenue in the range of $20 million to $23 million.
In the final minutes of trading on Tuesday, the company’s shares hit $2.54. A year ago, they were trading at $9.11.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATER at https://www.zacks.com/ap/ATER
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