secwatch.observer — SEC 8-K summary
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Issuer:     Aterian, Inc. (ATER)
CIK:        0001757715
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001437749-23-030977
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1757715/000143774923030977/0001437749-23-030977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1757715/000143774923030977/ater20231106c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030977

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