secwatch.observer — SEC 8-K summary
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Issuer:     Aterian, Inc. (ATER)
CIK:        0001757715
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0000950170-23-007086
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aterian Q4 revenue $54.9M (-13.3% YoY), net loss $20.3M; reaffirms H2 2023 adj. EBITDA profitability target
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- Q4 2022 net revenue $54.9M, down 13.3% from $63.3M in Q4 2021.
- Q4 gross margin fell to 37.1% from 45.6% due to liquidation of high-cost inventory.
- Q4 adjusted EBITDA loss of $(16.2)M vs $(3.0)M in prior year.
- Full year 2022 net loss $196.3M, including $120.4M goodwill impairment.
- Q1 2023 revenue guidance $32-36M; reaffirms H2 2023 adj. EBITDA profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1757715/000095017023007086/0000950170-23-007086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1757715/000095017023007086/ater-20230309.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer