Peraso Inc expected to post a loss of 23 cents a share - Earnings Preview

Peraso

08/11/2024 21:41

* Peraso Inc  PRSO.OQ   PRSO.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 12 for
the period ending January 1 0001
    * The San Jose California-based  company is expected to
report a
9.8% decrease in revenue to $4.04 million from $4.48 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on August 12 2024, for the
period ended September 30, was for revenue between $3.80 million
and $4.20 million.
    * ​LSEG's mean analyst estimate for Peraso Inc is for a loss
of 23
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
3.75​, above​ its last closing price of $1.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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
 ​​Jan.        -3.79       -3.80      -4.80     Missed  -26.3
 1 0001                                                 
 Mar. 31 2023  -4.00       -4.00      -3.60     Beat    0.1​
 Dec. 31 2022  -6.80       -6.80      -5.20     Beat    23.5
 Jan. 1 0001   -8.00       -8.00      -4.00     Beat    50
 This summary was machine generated November 8 at 21:40 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)