Aterian jumps on upbeat annual revenue forecast

Shares of consumer products company Aterian ATER.O rise 20.4% to $2.54 premarket

ATER late on Tuesday posted Q4 revenue of $24.6 million, beating analysts' estimate of $23.5 million, according to data compiled by LSEG

ATER forecasts annual revenue in the range of $104 million to $106 million, analysts on average expect annual revenue of $103.3 million

ATER stock down 2x in the past 12 months