Peraso Inc expected to post a loss of 36 cents a share - Earnings Preview

Peraso

09/08/2024 22:31

* Peraso Inc  PRSO.OQ   PRSO.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 12 for the
period ending June 30 2024
    * The San Jose California-based  company is expected to
report a
71.3% increase in revenue to $4.117 million from $2.4 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on May 13 2024, for the
period ended June 30, was for revenue between $3.70 million and
$4.00 million.
    * ​LSEG's mean analyst estimate for Peraso Inc is for a loss
of 36
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
$4.00​, above​ its last closing price of $1.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.32       -1.32      -0.83     Beat    37.4
 Dec. 31 2024  -3.76       -3.76      -8.52     Missed  -126.6
 Jan. 1 0001   -4.01       -4.00      -1.60     Beat    60​
 Jun. 30 2023  -3.79       -3.80      -4.80     Missed  -26.3
 ​​Mar.        -4.00       -4.00      -3.60     Beat    10
 31 2023                                                
 Dec. 31 2022  -6.80       -6.80      -5.20     Beat    23.5​
 Sep. 30 2022  -8.00       -8.00      -4.00     Beat    50
 This summary was machine generated August 9 at 21:31 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)