Aterian, an ecommerce platform, expects its net revenue for Q4 to be between $54.0 million and $55.0 million, and its full-year 2022 revenue to range from $220.0 million to $221.0 million. CEO Yaniv Sarig also expressed his confidence in the company’s growth and success and is taking his 2023 base salary in Aterian stock. He stated that the company is working to liquidate the higher-cost inventory and protect market share of their leading products to reach their target sustainable contribution margin.
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by Ray Schultz. Ecommerce platform Aterian expects its Q4 net revenue will hit from $54.0 million to $55.0 million. And the company estimates that its full-year 2022 revenue will range from $220.0 million to $221.0 million, based on preliminary data.“Our fourth-quarter revenue was on the top end of our previous projection and we believe Aterian is set up well for a strong 2023,” commented Yaniv Sarig, CEO of Aterian. Sarig is taking almost all of his 2023 base salary in Aterian stock, based on his confidence that the firm is headed toward Adjusted EBITDA profitability in the second half of 2023. “We
Aterian Forecasts Up To $221M In Revenue For Its Fiscal 2022 was originally published on MediaPost.com: email
