Investing.com - Aterian reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Aterian announced earnings per share of $-3.13 on revenue of $68.12M. Analysts polled by Investing.com anticipated EPS of $-0.25 on revenue of $57.26M.
Aterian shares are down 35% from the beginning of the year, still down 87.24% from its 52 week high of $8.31 set on November 9, 2021.
Aterian follows other major Consumer Discretionary sector earnings this month
Aterian's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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