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Aterian (NASDAQ:ATER) Third Quarter 2022 Results
Key Financial Results
- Revenue: US$66.3m (down 2.6% from 3Q 2021).
- Net loss: US$116.9m (loss widened by 5.7% from 3Q 2021).
- US$1.81 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aterian Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Consumer Durables industry in the US.
Performance of the American Consumer Durables industry.
The company’s shares are up 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 5 warning signs for Aterian (of which 1 shouldn’t be ignored!) you should know about.
Valuation is complex, but we’re helping make it simple.
Find out whether Aterian is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free Analysis
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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