Peraso Inc reports results for the quarter ended June 30 - Earnings Summary
Peraso Inc reports results for the quarter ended June 30 - Earnings Summary
Peraso Inc PRSO.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -28 cents. The lone analyst forecast for the quarter was for a loss of 18 cents per share.
Revenue fell 41.1% to $1.31 million from a year ago; analysts expected $1.25 million.
Peraso Inc's reported EPS for the quarter was a loss of 16 cents.
The company reported a quarterly loss of $2.22 million.
Peraso Inc shares had fallen by 22.0% this quarter and lost 18.5% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
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 average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for Peraso Inc is $2.70, about 73.7% above its last closing price of $0.71
This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.18 | -0.15 | Beat |
Mar. 31 2026 | -0.18 | -0.19 | Missed |
Dec. 31 2025 | -0.18 | -0.13 | Beat |
Sep. 30 2025 | -0.20 | -0.15 | Beat |
Recent news on Peraso
See all newsBrief: Peraso Says James Sullivan Resigns As CFO And Secretary Effective October 2, 2026 - SEC Filing
Peraso Inc reports results for the quarter ended June 30 - Earnings Summary
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Peraso Inc expected to post a loss of 18 cents a share - Earnings Preview