TuesdayJun 01, 2021 12:51 pm

QualityStocksNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Voluntary Lock-up Agreements

Aterian (NASDAQ: ATER) today announced that certain stockholders have voluntarily entered into lock-up agreements with the company with respect to an aggregate of 4,058,116 shares of common stock (“lock-up shares”), or 13.3% of the total issued and outstanding shares of common stock of the company as of March 31, 2021. Per the update, Aterian’s co-founder and CEO Yaniv Sarig agreed to lock up all of the shares that he controls through Jan. 1, 2022. Also included among the stockholders who agreed to lock up a portion of the shares that they control through Dec. 1, 2021, are the company’s co-founders,…

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FridayMay 21, 2021 10:25 am

QualityStocksNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Execs Participation in Tech & Media Conference; Upcoming Conferences Outlined

Aterian (NASDAQ: ATER), a leading technology-enabled consumer products platform that builds, acquires, and partners with best-in-class e-commerce brands, announced that key management personnel participated in the 16th annual Needham Technology & Media Conference. Participants included co-founder & CEO Yaniv Sarig and CFO Arturo Rodriguez. The two ATER leaders were interviewed by Needham senior analyst Anna Andreeva during a key segment of the May 17, 2021, event. During the fireside chat, the pair discussed a variety of topics, including ATER’s corporate strategy. The discussion also covered how the company’s exclusive technology-enabled software platform AIMEE operates and how it impacts the success…

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FridayMay 07, 2021 10:20 am

QualityStocksNewsBreaks – Aterian Inc. (NASDAQ: ATER) Releases Q1 2021 Financial Results, Business Highlights

Aterian (NASDAQ: ATER), formerly named Mohawk Group Holdings Inc., has released is numbers for the first quarter 2021, the period ending March 31, 2021. Key stats worth noting include quarterly net revenue increasing 88% year over year, totaling $48.1 million, as well as the company raising its 2021 net revenue outlook range to between $360 and $390 million. Other numbers worth noting include gross margin improvement to 54.1% compared to 40.2% in Q1 2020, and contribution margin improving to 12.7% from negative (2.9)% in the Q1 2020. In addition, business milestones for the company included its acquisition of Squatty Potty,…

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WednesdayMay 05, 2021 2:46 pm

QualityStocksNewsBreaks – Aterian Inc. (NASDAQ: ATER) Releases Statement Regarding Inaccurate, Misleading Culper Research Report

Aterian (NASDAQ: ATER) has released a statement regarding the May 4, 2021, short seller Culper Research issued. Aterian noted that the report contained numerous false and misleading statements about the company and appeared to be an attempt to negatively impact and manipulate Aterian’s share price. Specifically the statement noted issues with information regarding revenue from its Healing Solutions revenue, which excluded revenue from hand sanitizer products; technology and AIMEE(TM) (“AIMEE”), Aterian’s leading technology-enabled software platform; and the company’s business performance, which the statement noted included a CAGR of 79% since 2016 and more than $150 million in revenue since the…

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