secwatch.observer — SEC 8-K summary
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Issuer:     Aterian, Inc. (ATER)
CIK:        0001757715
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001437749-24-007469
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1757715/000143774924007469/0001437749-24-007469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1757715/000143774924007469/ater20240311_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-007469

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