Peraso Inc PRSO.OQ PRSO.O is expected to show a rise in quarterly revenue when it reports results on March 19 for the period ending December 31 2024
The San Jose California-based company is expected to report a 108.1% increase in revenue to $3.813 million from $1.83 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on November 12 2024, for the period ended December 31, was for revenue between $3.60 million and $4.00 million.
LSEG's mean analyst estimate for Peraso Inc is for a loss of 20 cents per share.
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
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 $3.53, above its last closing price of $0.73.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.23
-0.23
-0.34
Missed
-44.7
Jun. 30 2024
-0.36
-0.36
-0.88
Missed
-141.1
Mar. 31 2024
-1.32
-1.32
-0.83
Beat
37.4
Dec. 31 2023
-3.76
-3.76
-8.52
Missed
-126.6
Sep. 30 2023
-4.01
-4.00
-1.60
Beat
60
Jun. 30 2023
-3.79
-3.80
-4.80
Missed
-26.3
Mar. 31 2023
-4.00
-4.00
-3.60
Beat
10
Dec. 31 2022
-6.80
-6.80
-5.20
Beat
23.5
This summary was machine generated March 17 at 20:02 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)