Aterian, Inc. Provides Updates to Earnings Guidance for the Second Quarter Ending June 30, 2024
June 26, 2024 at 04:30 pm EDT
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Aterian, Inc. provided updates to earnings guidance for the second quarter ending June 30, 2024. For the period, the Company expects its second quarter net revenue to be in the range of $23.0 million to $26.0 million as compared to previously announced second quarter net revenue range of $20.0 million to $23.0 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. 
