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Aterian Receives 2025 Genesys Orchestrators Innovation Award
Globenewswire· 2025-09-10 12:30
Company Honored as Global Innovator in Customer ExperienceSUMMIT, N.J. and NASHVILLE, Tenn., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, proudly announced that it received an Orchestrators Innovation Award from Genesys®, a global cloud leader in AI-powered experience orchestration. Aterian was honored at Xperience2025, an annual event sponsored by Genesys where industry leaders, technology enthusiasts and professionals come together to explore the latest in ...
ThredUp Q4 Loss Wider Than Estimates, Active Buyers Decline 6% Y/Y
ZACKS· 2025-03-04 18:46
Core Insights - ThredUp Inc. reported a year-over-year revenue increase in Q4 2024, meeting the Zacks Consensus Estimate, but the bottom line showed a decline, missing the Consensus Estimate [1][3]. Financial Performance - Revenue for Q4 2024 increased by 9.5% year over year to $67.3 million, driven by marketing investments, AI enhancements, and a renewed focus on core business post-European divestiture [4]. - Consignment revenues grew by 16.6% to $64.6 million, while product revenues fell by 55.8% to $2.7 million [5]. - Active buyers decreased by 6% year over year to 1.3 million, but order growth increased by 2% to 1.2 million [5]. - Gross profit rose by 14% year over year to $54.1 million, with a gross margin of 80.4%, reflecting a 290-basis-point increase [6]. - Operating expenses increased by 10.7% to $62.3 million compared to the prior year [6]. - Adjusted EBITDA for Q4 2024 was $5 million, doubling from $2.5 million in the prior year, with an adjusted EBITDA margin of 7.4% [7]. Cash Flow and Capital Expenditures - The company ended the quarter with cash and cash equivalents of $31.9 million and total stockholders' equity of $56.3 million [8]. - Net cash provided by operating activities was $4.9 million for the 52-week period ending December 31, 2024, with total capital expenditures of $2.5 million for the quarter [8]. Future Guidance - For Q1 2025, ThredUp expects revenue between $67.5 million and $69.5 million, indicating a 6% year-over-year increase at the mid-point, with a gross margin between 77% and 79% [11]. - For the full year 2025, projected revenues are between $270 million and $280 million, also implying a 6% year-over-year increase at the mid-point, with an adjusted EBITDA margin expected to remain flat at 3.3% [12].