Peraso Inc expected to post a loss of $1.32 a share - Earnings Preview

Peraso

10/05/2024 21:48

* Peraso Inc  PRSO.OQ   PRSO.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 13 for the
period ending March 31 2024
    * The San Jose California-based  company is expected to
report a
47.3% decrease in revenue to $2.65 million from $5.03 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on March 18 2024, for the
period ended March 31, was for revenue between $2.60 million and
$2.90 million.
    * ​LSEG's mean analyst estimate for Peraso Inc is for a loss
of
$1.32 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Peraso Inc
is
$4.00​, above​ its last closing price of $1.37. ​​​

This summary was machine generated May 10 at 20:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)