Aterian updates Q1 2023 revenue range $34-35M, improves adjusted EBITDA loss to ($3.9)-($4.5)M

Aterian, Inc.

2023-Q1 EPS reported -$0.34 revenue$34,879,000

Q1 net revenue expected between $34.0M and $35.0M, in line with prior guidance.
Adjusted EBITDA loss improved to $(3.9)M-$(4.5)M from prior $(4.8)M-$(5.8)M range.
Final first quarter results expected to be reported in early May 2023.
CEO affirmed on track for adjusted EBITDA profitability in second half of 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Aterian, Inc. reported first quarter of 2023 ended March 31, 2023 results: revenue range of $34.0 million to $35.0 million. Guidance initiated.

Period: first quarter of 2023 ended March 31, 2023
Revenue: range of $34.0 million to $35.0 million
Guidance: initiated
Result: preliminary results

Exact text from the filing

The Company expects its first quarter net revenue to be in the range of $34.0 million to $35.0 million and adjusted EBITDA loss to be in the range of $(3.9) million to $(4.5) million, an improvement compared to the $(4.8) million and $(5.8) million range previously announced on March 9, 2023.

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Source: SEC EDGAR

accession 0001437749-23-010603

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