Aterian Q2 EPS $(0.45) Misses $(0.13) Estimate, Sales $35.26M Down From $58.27M YoY
Portfolio Pulse from bharat@benzinga.com
Aterian (NASDAQ:ATER) reported Q2 losses of $(0.45) per share, missing the analyst consensus estimate of $(0.13) by 246.15%. This is a 350% decrease YoY. The company also reported $35.26 million in sales, a 39.48% decrease YoY.
August 08, 2023 | 9:29 pm
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NEGATIVE IMPACT
Aterian's Q2 results missed estimates, with a significant YoY decrease in earnings and sales.
Aterian's Q2 results missed analyst estimates by a significant margin, with losses per share and sales both decreasing YoY. This could negatively impact investor sentiment and lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100