---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007469"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:08:57.563586+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aterian Q4 revenue down 40% to $32.8M; reaffirms H2 2024 adjusted EBITDA profitability

## Summary
- Q4 net revenue $32.8M, down 40.3% YoY; gross margin improved to 51.0% from 37.1%.
- Q4 net loss improved to ($7.7M) from ($20.3M); operating loss improved to ($8.2M).
- Full year 2023 revenue $142.6M, down 35.5%; adjusted EBITDA loss improved to ($22.3M).
- Cash balance at Dec 31, 2023 was $20.0M.
- Q1 2024 revenue guidance $18-21M; reaffirms H2 2024 adjusted EBITDA profitability target.

## SEC filing metadata
- accession: 0001437749-24-007469
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2024-03-12T23:59:59+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/1757715/000143774924007469/0001437749-24-007469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000143774924007469/ater20240311_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007469
- JSON: https://secwatch.observer/filing/0001437749-24-007469.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007469.txt

## Key facts
- Earnings Releases
  Aterian, Inc. reported fourth quarter ended December 31, 2023 results: revenue $32.8 million, net income ($7.7) million.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $32.8 million
  - Net income: ($7.7) million
  - Result: reported results
  source text: today announced results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights ● Fourth quarter 2023 net revenue declined 40.3% to $32.8 million, compared to $54.9 million in the fourth quarter of 2022. ● Fourth quarter 2023 gross margin increased to 51.0%, compared to 37.1% in the fourth quarter of 2022, primarily
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774924007469/0001437749-24-007469-index.htm

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