Aterian Inc reports results for the quarter ended June 30 - Earnings Summary

• Aterian Inc ATER.OQ reported a quarterly adjusted loss of 63 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -52 cents. The lone analyst forecast for the quarter was for a loss of 54 cents per share.

• Revenue fell 30.5% to $19.46 million from a year ago; analysts expected $20.37 million.

• Aterian Inc's reported EPS for the quarter was a loss of 63 cents​.

• The company reported a quarterly loss of $4.86 million.

• Aterian Inc shares had fallen by 21.7% this quarter and lost 45.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 44.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is also "buy"

This summary was machine generated from LSEG data August 13 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)