SUMMIT, N.J. (AP) — SUMMIT, N.J. (AP) — Aterian, Inc. (ATER) on Monday reported a loss of $1.8 million in its third quarter.
On a per-share basis, the Summit, New Jersey-based company said it had a loss of 25 cents.
The company posted revenue of $26.2 million in the period.
For the current quarter ending in December, Aterian said it expects revenue in the range of $22.5 million to $25.5 million.
In the final minutes of trading on Monday, the company’s shares hit $2.95. A year ago, they were trading at $3.85.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.