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Aterian (ATER)
NASDAQ:ATER
Holding ATER?
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.45Last Year’s EPS
-$1.2Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 11, 2024
|% Change Since: -24.07%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with significant improvements in adjusted EBITDA profitability and gross margin, driven by effective cost-cutting and strategic SKU rationalization. However, the company faced challenges with declining net revenue and higher shipping costs, which were partially offset by strong brand performances.Company Guidance
In the Aterian, Inc. Q3 2024 earnings call, the company reported a successful quarter, achieving adjusted EBITDA profitability for the second consecutive quarter. Net revenue for Q3 2024 was $26.2 million, a 34% decline from the previous year, primarily due to SKU rationalization and dehumidifier stock-outs. However, adjusted for SKU rationalization, the net revenue decline was only about 15%. The company's gross margin improved to 60.3% from 49.4% in the previous year, driven by the SKU rationalization efforts and a favorable product mix. The operating loss was reduced to $1.7 million from $6.5 million, showing an improvement of 73.4%, while the adjusted EBITDA turned positive at $0.5 million, reflecting a 111% improvement year-over-year. For Q4 2024, Aterian expects net revenue between $22.5 million and $25.5 million, with a focus on achieving breakeven adjusted EBITDA. The company anticipates higher container costs to impact Q4 by approximately $0.2 million but remains optimistic about maintaining gross margin percentages and fixed cost savings. Looking ahead to 2025, Aterian plans to transition from stabilization to growth, focusing on omnichannel expansion and organic product launches to drive revenue growth and enhance adjusted EBITDA profitability.Adjusted EBITDA Profitability Achieved
Aterian reported adjusted EBITDA profitability for the second consecutive quarter, an improvement of 111% from an adjusted EBITDA loss of $4.4 million in Q3 2023.
Improved Gross Margin
Gross margin for Q3 2024 increased to 60.3% from 49.4% in the prior year, driven by SKU rationalization and product mix improvements.
Successful Cost-Cutting Initiatives
Operating loss improved by approximately 73.4%, primarily due to improved contribution margins and reduced fixed costs.
Strong Performance of Core Brands
Pursteam steam products and hOmeLabs dehumidifiers were highlighted as strong performers, contributing to positive results.
Strategic SKU Rationalization
Despite a 34% decline in net revenue, adjusting for SKU rationalization, revenue would have only declined 15%.
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ATER Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATER Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 11, 2024 | $2.95 | $2.88 | -2.37% |
| Aug 08, 2024 | $3.05 | $3.45 | +13.11% |
| May 07, 2024 | $2.54 | $2.78 | +9.45% |
| Mar 12, 2024 | $5.67 | $4.63 | -18.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Aterian (ATER) report earnings?
Aterian (ATER) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Aterian (ATER) earnings time?
Aterian (ATER) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATER EPS forecast?
ATER EPS forecast for the fiscal quarter 2024 (Q4) is -$0.45.
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