Aterian (ATER) to Release Quarterly Earnings on Tuesday

Aterian (NASDAQ:ATER) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.70) per share and revenue of $15.26 million for the quarter. Aterian has set its FY 2025 guidance at EPS.

Aterian (NASDAQ:ATER) last issued its quarterly earnings results on Tuesday, March 18th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.58) by $0.40. The firm had revenue of $24.61 million for the quarter, compared to analysts’ expectations of $23.48 million. Aterian had a negative return on equity of 56.01% and a negative net margin of 17.05%.

Aterian Trading Up 2.1 %

Aterian stock opened at $1.99 on Monday. The stock has a 50 day moving average of $2.01 and a two-hundred day moving average of $2.30. Aterian has a twelve month low of $1.56 and a twelve month high of $3.84. The stock has a market capitalization of $17.41 million, a price-to-earnings ratio of -0.73 and a beta of 1.68.

Aterian announced that its board has approved a stock buyback program on Tuesday, March 18th that authorizes the company to buyback $3.00 million in shares. This buyback authorization authorizes the company to reacquire up to 16.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ATER shares. Alliance Global Partners cut Aterian from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 23rd. Industrial Alliance Securities set a $4.00 price target on Aterian in a report on Wednesday, March 19th.

Aterian Company Profile

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names.