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.
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