Peraso Inc reports results for the quarter ended in December - Earnings Summary

Peraso

22/03/2023 21:56

* Peraso Inc  PRSO.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 17
cents per share.
    * Revenue was $3.89 million​; analysts expected $3.95
million. 
    * Peraso Inc's reported EPS for the quarter was a loss of 71
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Peraso Inc shares had fallen by 17.5% this quarter.
    * The company reported a quarterly loss of $14.59 million.
    * Wall Street's median 12-month price target for Peraso Inc
is
$2.63 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 22 at 09:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.17          -0.13          Beat
 Sep. 30 2022      -0.20          -0.10          Beat