Aterian(ATER) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Aterian Reports Second Quarter 2024 Results Second Quarter Net Loss Improved by 89.6% Year Over Year Company Achieved Adjusted EBITDA Profitability SUMMIT, NEW JERSEY, August 8, 2024 – Aterian, Inc. (Nasdaq: ATER) ("Aterian" or the "Company") today announced results for the second quarter ended June 30, 2024. Second Quarter Highlights ● Second quarter 2024 net revenue declined 20.6% to $28.0 million, compared to $35.3 million in the second quarter of 2023, primarily reflecting the impact of our ...