24/7 Market News Snapshot 18 March, 2025 – Aterian, Inc. Common Stock (NASDAQ:ATER)
DENVER, Colo., 18 March, 2025 (247marketnews.com) – (Nasdaq:ATER) are discussed in this article.
Aterian, Inc. (Nasdaq:ATER), a technology-driven consumer products company, has garnered significant attention as its stock opened at $2.23, demonstrating remarkable bullish momentum with a surge of 31.98%, reaching a current price of $2.884. This impressive activity, reflected in a trading volume of 770.30K, signals strong investor interest and optimism about the company’s future prospects.
In a recent announcement, Aterian shared its financial results for the fourth quarter and full fiscal year ending December 31, 2024, along with an optimistic guidance for 2025 and the initiation of a $3 million share repurchase program aimed at enhancing shareholder value. Chief Executive Officer Arturo Rodriguez highlighted the company’s achievements throughout 2024, crediting focused efforts on operations and product refinement for improvements in gross and contribution margins, while significantly reducing losses compared to the previous year.
Despite a decline in net revenue to $24.6 million for Q4 2024 from $32.8 million in the same period the previous year, Aterian reported substantial progress in profitability. Gross margins increased to 63.4%, contributing to a narrowed operating loss of $1.6 million, with the net loss for the quarter reduced to $1.3 million, underscoring operational efficiency advancements.
Looking ahead, Aterian projects fiscal year 2025 net revenue between $104 million and $106 million, a 5% to 7% increase year-over-year. The company anticipates achieving an adjusted EBITDA nearly at break-even, a marked improvement from the adjusted EBITDA loss of $2.1 million reported in 2024. Plans for new product launches are set to commence in the second quarter of 2025, further bolstering its market position.
With the share repurchase program and a strategic focus on growth and profitability, Aterian is committed to maximizing shareholder value while navigating the competitive landscape of consumer products.
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