Aterian Reports First Quarter 2024 Results [Yahoo! Finance]
Aterian, Inc. (ATER)
Company Research
Source: Yahoo! Finance
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced results for the first quarter ended March 31, 2024. First Quarter Highlights First quarter 2024 net revenue declined 42.0% to $20.2 million, compared to $34.9 million in the first quarter of 2023. First quarter 2024 gross margin improved to 65.1%, compared to 54.8% in the first quarter of 2023, primarily reflecting the positive impact of our SKU rationalization efforts and less liquidation of high cost inventory compared to the prior period. First quarter 2024 contribution margin improved to 14.1% from 5.9% in the first quarter of 2023, primarily reflecting the positive impact of our SKU rationalization efforts and less liquidation of high cost inventory compared to the prior period. First quarter 2024 operating loss of ($5.3) million improved compared to a loss of ($25.0) million in the first quarter of 2023, an improvement of 78.9%. First quarter 2024 opera
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News
- Aterian, Inc. (NASDAQ: ATER) was upgraded by analysts at Alliance Global Partners from a "neutral" rating to a "buy" rating.MarketBeat
- Aterian Reports First Quarter 2024 ResultsGlobeNewswire
- Aterian Sets Date for First Quarter 2024 Earnings Announcement & Investor Conference CallGlobeNewswire
- Aterian Announces Improved First Quarter 2024 Net Revenue and Adjusted EBITDA Ranges [Yahoo! Finance]Yahoo! Finance
- Aterian Announces Improved First Quarter 2024 Net Revenue and Adjusted EBITDA RangesGlobeNewswire
ATER
Earnings
- 3/12/24 - In-Line
ATER
Sec Filings
- 5/15/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 4/30/24 - Form 4
- ATER's page on the SEC website