Aterian Announces Fixed Cost Reduction Plan and Preliminary Fourth Quarter 2023 Results

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 ...