SUMMIT, N.J. (AP) — SUMMIT, N.J. (AP) — Aterian, Inc. (ATER) on Friday reported a loss of $491,000 in its second quarter.
On a per-share basis, the Summit, New Jersey-based company said it had a loss of 5 cents. Losses, adjusted to account for discontinued operations, were 43 cents per share.
The company posted revenue of $7,000 in the period.
In the final minutes of trading on Friday, the company’s shares hit 50 cents. A year ago, they were trading at 96 cents.
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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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