Peraso Inc expected to post a loss of $3.76 a share - Earnings Preview

Peraso

15/03/2024 20:31

* Peraso Inc  PRSO.OQ   PRSO.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 18 for the
period ending December 31 2023
    * The San Jose California-based  company is expected to
report a
56.3% decrease in revenue to $1.7 million from $3.89 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Peraso Inc is for a loss
of
$3.76 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
$10.50​, above​ its last closing price of $1.70. ​​​

This summary was machine generated March 15 at 20:31 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)