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

Peraso

15/08/2023 06:36

* Peraso Inc  PRSO.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 9
cents per share.
    * Revenue was $2.40 million​; analysts expected $4.27
million. 
    * Peraso Inc's reported EPS for the quarter was a loss of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
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 19.2% this quarter and
lost 45.2% so far this year.
    * The company reported a quarterly loss of $4.09 million.
    * Wall Street's median 12-month price target for Peraso Inc
is
$1.38 
    * 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
August 15 at 05:35 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.09          -0.12          Missed
 Mar. 31 2023      -0.10          -0.09          Beat
 Dec. 31 2022      -0.17          -0.13          Beat
 Sep. 30 2022      -0.20          -0.10          Beat