Aterian: Q3 Earnings Insights

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Aterian ATER reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Aterian beat estimated earnings by 38.46%, reporting an EPS of $-0.08 versus an estimate of $-0.13.

Revenue was down $26.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 7.69% drop in the share price the next day.

Here's a look at Aterian's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.13 -0.17 -0.25 -0.22
EPS Actual -0.14 -0.13 -0.24 -0.21
Revenue Estimate 38.36M 33.52M 53.18M 57.84M
Revenue Actual 35.26M 34.88M 54.90M 66.33M

To track all earnings releases for Aterian visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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