Shares of consumer products platform provider Aterian, Inc. (ATER) are down more than 39% Monday morning after the company's second-quarter results missed analysts' view.
Net loss in the second quarter widened to $36.31 million or $1.23 per share from $2.94 million or $0.19 per share in the same quarter a year ago.
Net revenue, however, grew 14% year over year to $68.19 million, from $59.8 million last year.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.