Aterian: Q4 Earnings Snapshot

SUMMIT, N.J. (AP) — SUMMIT, N.J. (AP) — Aterian, Inc. (ATER) on Tuesday reported a loss of $1.3 million in its fourth quarter.

On a per-share basis, the Summit, New Jersey-based company said it had a loss of 18 cents.

The company posted revenue of $24.6 million in the period.

For the year, the company reported that its loss narrowed to $11.9 million, or $1.68 per share. Revenue was reported as $99 million.

Aterian expects full-year revenue in the range of $104 million to $105 million.

In the final minutes of trading on Tuesday, the company’s shares hit $2.11. A year ago, they were trading at $4.47.

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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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