SUMMIT, N.J. (AP) — SUMMIT, N.J. (AP) — Aterian, Inc. (ATER) on Tuesday reported a loss of $7.7 million in its fourth quarter.

On a per-share basis, the Summit, New Jersey-based company said it had a loss of 10 cents.

The company posted revenue of $32.8 million in the period.

For the year, the company reported that its loss narrowed to $74.6 million, or 95 cents per share. Revenue was reported as $142.6 million.

For the current quarter ending in March, Aterian said it expects revenue in the range of $18 million to $21 million.

In the final minutes of trading on Tuesday, the company's shares hit 47 cents. A year ago, they were trading at 96 cents.

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