aterian
Discusses Aterian’s Q3 results and outlook with analysis Q3 2022 hedge fund letters, conferences and more Aterian's Q3 EarningsDuring the third quarter, Aterian generated sales of $66.3 million at the top end of the $62-66 million guidance range provided by management in September. The sales figure represented a -2.6% decline when compared to the prior year but came in just over 10% ahead of consensus forecasts of around ~$60 million. Aterians operating loss during the quarter widened significantly from -$7.5 million in 2021 to -$108.9 million in 2022. The main driver of the growing losses rel...
ValueWalk
We have noticed buying activity ramp up in Aterian Inc (NASDAQ:ATER) this week with the stock currently the 5th most bought security on Fintel’s Retail Fund Flow analysis page. ATER has risen 39 spots this week and is now the 5th most widely held security among retail investors on the platform. Aterian is a global technology-enabled consumer products company. Aterian offers home and kitchen appliances, health and wellness, beauty, and consumer electronics. ATER shares have had a tough 12 months with the stock down -70% over the past year trading well below the 52 week high of $21.07. Shares be...
ValueWalk
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