Aterian Names Arturo Rodriguez As CEO, Josh Feldman As CFO
$ATER
Home Furnishings
Consumer Discretionary
Joe Risico has resigned as Co-CEO and from the Board of Directors and will consult the Company over a three month transition period.
Joe Risico has resigned as Co-CEO and from the Board of Directors and will consult the Company over a three month transition period.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2023 | $3.00 | Buy | Craig Hallum |
| 3/9/2022 | $9.00 → $5.00 | Buy | BTIG |
| 9/24/2021 | $5.50 → $12.00 | Neutral | Roth Capital |
| 8/10/2021 | $5.50 | Buy → Neutral | ROTH Capital |
Third Quarter Net Loss Improved by 71.7% Year Over Year Achieved Adjusted EBITDA Profit for the Second Consecutive Quarter, Marking a $4.9 Million Improvement Year-Over-Year SUMMIT, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced results for the third quarter ended September 30, 2024. Third Quarter Highlights Third quarter 2024 net revenue declined 34.0% to $26.2 million, compared to $39.7 million in the third quarter of 2023, primarily reflecting a reduced product portfolio as a result of our previously announced SKU rationalization efforts.Third quarter 2024 gross margin improved to 60.3%, compared to 49.4% in the th
SUMMIT, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it plans to report its third quarter 2024 financial results after the market close on Monday, November 11, 2024, and plans to host a conference call for investors and interested parties at 5:00 p.m. ET that evening. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial (888) 596-4144 and participants from outside the U.S. should dial (646) 968-2525 and ask to be joined into the Aterian, Inc. call or use conference ID 4711775. Participants may also access the call through a live webcast at https://ir.a
Second Quarter Net Loss Improved by 89.6% Year Over Year Company Achieved Adjusted EBITDA Profitability SUMMIT, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced results for the second quarter ended June 30, 2024. Second Quarter Highlights Second quarter 2024 net revenue declined 20.6% to $28.0 million, compared to $35.3 million in the second quarter of 2023, primarily reflecting the impact of our SKU rationalization efforts.Second quarter 2024 gross margin improved to 60.4%, compared to 42.2% in the second quarter of 2023, primarily reflecting the positive impact of our SKU rationalization efforts and less liqu
Craig Hallum initiated coverage of Aterian with a rating of Buy and set a new price target of $3.00
BTIG reiterated coverage of Aterian with a rating of Buy and set a new price target of $5.00 from $9.00 previously
Roth Capital reiterated coverage of Aterian with a rating of Neutral and set a new price target of $12.00 from $5.50 previously
4 - Aterian, Inc. (0001757715) (Issuer)
4 - Aterian, Inc. (0001757715) (Issuer)
4 - Aterian, Inc. (0001757715) (Issuer)
SC 13G/A - Aterian, Inc. (0001757715) (Subject)
SC 13G/A - Aterian, Inc. (0001757715) (Subject)
SC 13G - Aterian, Inc. (0001757715) (Subject)
10-Q - Aterian, Inc. (0001757715) (Filer)
8-K - Aterian, Inc. (0001757715) (Filer)
144 - Aterian, Inc. (0001757715) (Subject)
Third Quarter Net Loss Improved by 71.7% Year Over Year Achieved Adjusted EBITDA Profit for the Second Consecutive Quarter, Marking a $4.9 Million Improvement Year-Over-Year SUMMIT, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced results for the third quarter ended September 30, 2024. Third Quarter Highlights Third quarter 2024 net revenue declined 34.0% to $26.2 million, compared to $39.7 million in the third quarter of 2023, primarily reflecting a reduced product portfolio as a result of our previously announced SKU rationalization efforts.Third quarter 2024 gross margin improved to 60.3%, compared to 49.4% in the th
SUMMIT, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it plans to report its third quarter 2024 financial results after the market close on Monday, November 11, 2024, and plans to host a conference call for investors and interested parties at 5:00 p.m. ET that evening. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial (888) 596-4144 and participants from outside the U.S. should dial (646) 968-2525 and ask to be joined into the Aterian, Inc. call or use conference ID 4711775. Participants may also access the call through a live webcast at https://ir.a
Second Quarter Net Loss Improved by 89.6% Year Over Year Company Achieved Adjusted EBITDA Profitability SUMMIT, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced results for the second quarter ended June 30, 2024. Second Quarter Highlights Second quarter 2024 net revenue declined 20.6% to $28.0 million, compared to $35.3 million in the second quarter of 2023, primarily reflecting the impact of our SKU rationalization efforts.Second quarter 2024 gross margin improved to 60.4%, compared to 42.2% in the second quarter of 2023, primarily reflecting the positive impact of our SKU rationalization efforts and less liqu
– Loreen Spencer and Susan Lattmann Join Board – – Robin Hensley Retires after 23 Years of Service – ST. PETERSBURG, FLA., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:SGC), today announced the appointment of Loreen Spencer and Susan Lattmann to its Board of Directors, effective February 12, 2024. Spencer brings to SGC a wealth of audit, accounting, financial and governance expertise. Spencer is a Certified Public Accountant, and from 1987 until her retirement in 2016, was an Audit Partner for Deloitte & Touche LLP. Since 2017 she has served on the Board of Directors and the Audit & Risk Committee of Raymond James Bank, a banking subsidiary of Raymond J
Joe Risico and Arturo Rodriguez Appointed Co–CEOs William Kurtz Appointed Chair of the Board Second Quarter Revenue Range Between $34.8 Million to $35.4 Million Second Quarter Adjusted EBITDA Loss Range Between $8.0 Million to $9.0 Million NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced the appointment of Joe Risico and Arturo (Arty) Rodriguez as Co-Chief Executive Officers effective July 26, 2023. They have also joined the Company's Board of Directors (the "Board") effective that same date. As part of these changes, Mr. William (Bill) Kurtz, the Company's current lead independent director and a Board memb
NEW YORK, April 18, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today the appointment of Anton von Rueden as Chief Operating Officer, effective April 18, 2022. Mr. von Rueden will oversee the Company's global supply chain operations and will be based in the United States. The Company also announced that Pramod K C, who was previously serving as the Company's Chief Operating Officer, will become the COO and General Manager of Aterian's Asia operations and will report to Mr. von Rueden. Yaniv Sarig, Co-Founder and Chief Executive Officer of Aterian, stated, "We are excited to have Anton joining us at Aterian. He is a seasoned builder of e-com
The Company today also announced an update to its previously stated Adjusted EBITDA loss to be in the range of ($1.0) million to $0.0 million, an improvement to the previously announced Adjusted EBITDA loss range of ($2.0) million and ($1.0) million.