Aterian(ATER)
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Aterian Makes Strategic Minority Equity Investment in 4th & Heart
Newsfilter· 2024-03-07 21:30
Core Viewpoint - Aterian, Inc. has made a strategic minority equity investment in 4th & Heart, a leading U.S. maker of premium ghee butter products, amounting to approximately $0.2 million in cash and around 145,000 shares of Aterian common stock [1] Group 1: Aterian, Inc. - Aterian, Inc. is a technology-enabled consumer products company that builds and acquires leading e-commerce brands across multiple categories, including home and kitchen appliances, health and wellness, and air quality devices [3] - The company focuses on selling through major online marketplaces, particularly Amazon and Walmart in the U.S., as well as its own direct-to-consumer websites [3] Group 2: 4th & Heart - 4th & Heart, based in Marina del Rey, California, was launched in 2015 and aims to revolutionize the modern pantry with ghee butter, an ancient Ayurvedic staple [4] - The company's products are available in over 12,000 stores nationwide, including major retailers such as Whole Foods, Kroger, Albertsons, Publix, Wegmans, and Walmart [4] - 4th & Heart offers a variety of kitchen essentials, including flavored spreads and oils, to help consumers incorporate grass-fed ghee into their daily diets [4] Group 3: Strategic Partnership - Aterian's Co-CEO expressed excitement about the investment and the potential for strategic opportunities between the two companies, emphasizing a shared vision of promoting healthier lifestyles through their products [1] - The CEO of 4th & Heart highlighted that the partnership with Aterian will support the growth of their brand in both current and emerging markets, aiming to unlock future potential together [1]
Aterian Sets Date for Fourth Quarter & Full Year 2023 Earnings Announcement & Investor Conference Call
Newsfilter· 2024-02-29 21:30
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it plans to report its fourth quarter and full year 2023 financial results after the market close on Tuesday, March 12, 2024, and plans to host a conference call for investors and interested parties at 5:00 p.m. ET that evening. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial (800) 715-9871 and participants from outsi ...
Aterian Further Strengthens Its Balance Sheet With Extension Of Its Credit Facility
Newsfilter· 2024-02-26 12:30
Credit Facility's Financial Liquidity Covenant More Favorable Maturity Extended to December 2026 NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it has extended its asset backed credit facility ("Credit Facility") with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc. The Credit Facility term has been extended to December 2026 and gives Aterian access to $17.0 million in current commitments which can ...
Aterian Announces Fixed Cost Reduction Plan and Preliminary Fourth Quarter 2023 Results
Newsfilter· 2024-02-14 21:30
Expected to Save $4.0 Million Annualized On Target for Second Half 2024 Adjusted EBITDA Profitability Fourth Quarter 2023 Net Revenue Range Improved to $31.2 Million to $32.0 Million Expected Adjusted EBITDA Loss Range Improved to $(6.3) Million to $(5.5) Million NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced a fixed cost reduction as part of the final steps of its previously announced SKU rationalization program. The Company also relea ...
Aterian(ATER) - 2023 Q3 - Earnings Call Transcript
2023-11-09 00:10
Aterian, Inc. (NASDAQ:ATER) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Ilya Grozovsky - Vice President, Investor Relations & Corporate Development Joe Risico - Co-Chief Executive Officer Arturo Rodriguez - Co-Chief Executive Officer Conference Call Participants Mike Zabran - ROTH MKM Brian Kinstlinger - Alliance Global Partners Ilya Grozovsky Thank you for joining us today to discuss Aterian’s Third Quarter 2023 Earnings Results. On today's call are Joe Risico and Artu ...
Aterian(ATER) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share ATER The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission Fil ...
Aterian(ATER) - 2023 Q2 - Earnings Call Transcript
2023-08-09 01:00
Aterian, Inc. (NASDAQ:ATER) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Ilya Grozovsky - Vice President, Investor Relations and Corporate Development Joseph A. Risico - Co-CEO Arturo Rodriguez - Co-CEO and CFO Conference Call Participants Marvin Fong - BTIG Brian Kinstlinger - Alliance Global Partners Alex Fuhrman - Craig-Hallum Capital Group Matt Koranda - ROTH MKM * Operator Good afternoon, and welcome to the Aterian, Incorporated Second Quarter 2023 Earnings Report Con ...
Aterian(ATER) - 2023 Q2 - Quarterly Report
2023-08-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38937 | --- | --- | --- | |------------------------------------------------------------------------------|------------------------------|--------------------------- ...
Aterian(ATER) - 2023 Q1 - Earnings Call Transcript
2023-05-10 02:32
Aterian, Inc. (NASDAQ:ATER) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Ilya Grozovsky - Vice President, Investor Relations and Corporate Development Yaniv Sarig - Co-Founder and CEO Arturo Rodriguez - Chief Financial Officer Conference Call Participants Mike Zabran - ROTH MKM Brian Kinstlinger - Alliance Global Partners Alex Fuhrman - Craig-Hallum Capital Group Operator Good afternoon, and welcome to the Aterian, Inc. First Quarter Earnings Report Conference Call. All parti ...
Aterian(ATER) - 2023 Q1 - Quarterly Report
2023-05-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38937 | --- | --- | --- | |------------------------------------------------------------------------------|------------------------------|-------------------------- ...