Aterian, Inc. Revises Earnings Guidance for the Fourth Quarter Ended December 31, 2023
February 14, 2024 at 04:30 pm EST
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Aterian, Inc. revised earnings guidance for the fourth quarter ended December 31, 2023. For the quarter, the company expects net revenue to be in the range of $31.2 million to $32.0 million. The previously announced ranges of net Revenues were $28 million to $32 million.
Aterian, Inc. is a technology-enabled consumer products company. The Company builds and acquires e-commerce brands. The Companyâs primary brands include Squatty Potty; hOmeLabs; Mueller; Pursteam; Healing Solutions; and Photo Paper Direct. The Company sells a wide range of products across multiple categories, including home and kitchen appliances, kitchenware, cooling, and air quality appliances such as dehumidifiers, health and beauty products, essential oils and more. These products are sold under the Companyâs owned brands, which were either incubated or acquired. Its customers are mainly individual online consumers who purchase its products primarily on Amazon United States, and to a lesser extent on its owned and operated websites and other marketplaces, such as Walmart. The Company's subsidiaries include Aterian Group, Inc., Xtava LLC, Sunlabz LLC, RIF6 LLC, SweetHomeDealz LLC, Products for Change, LLC, Commerce Planet, LLC, Chromatic Jammer, LLC, Rencare, LLC, among others.
ATERIAN, INC. 
