ATER - Aterian expects Q1 revenue above estimates
2023-04-19 11:06:26 ET
- Aterian ( NASDAQ: ATER ) said it expects its first quarter net revenue would be in the range of $34M to $35M vs $33.52M consensus.
- The company said it expects adjusted EBITDA loss to be in the range of $3.9M to $4.5M, an improvement compared to the $4.8M and $5.8M range previously announced on March 9.
- "Coupled with continuing reductions in our supply chain costs, we believe we remain on track to achieve adjusted EBITDA profitability in the second half of 2023," the company said.
- Press Release
For further details see:
Aterian expects Q1 revenue above estimates