---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030977"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:52:55.271213+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aterian Q3 net revenue $39.7M, down 40% YoY; net loss improves to $6.3M

## Summary
- Net revenue $39.7M vs $66.3M in Q3 2022, a 40.2% decline.
- Gross margin improved to 49.4% from 45.5% in Q3 2022.
- Net loss improved 94.6% to $6.3M from $116.9M; adjusted EBITDA loss improved 51.3% to $4.4M.
- Q4 2023 guidance: revenue $28M-$32M; adjusted EBITDA loss $6.5M-$7.5M (includes $2.0M pricing impact).
- Cash balance $28.0M at September 30, 2023.

## SEC filing metadata
- accession: 0001437749-23-030977
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1757715/000143774923030977/0001437749-23-030977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000143774923030977/ater20231106c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030977
- JSON: https://secwatch.observer/filing/0001437749-23-030977.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030977.txt

## Key facts
- Earnings Releases
  Aterian, Inc. reported the third quarter ended September 30, 2023 results: revenue $39.7 million, net income ($6.3) million. Guidance initiated.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $39.7 million
  - Net income: ($6.3) million
  - Guidance: initiated
  - Result: reported results
  source text: Aterian Reports Third Quarter 2023 Results Reports Third Quarter 2023 Net Revenue of $39.7 Million Third Quarter Net Loss Improves by 94.6% Year Over Year While Adjusted EBITDA Loss Improves by 51.3 % NEW YORK, November 8, 2023 – Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774923030977/0001437749-23-030977-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.