Perfect Corp reports results for the quarter ended in March - Earnings Summary

Perfect

24/04/2024 14:32

* Perfect Corp  PERF.N  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in March, identical to
the same quarter last year.  The lone analyst forecast for the
quarter was for earnings of 2 cents per share. 
    * Revenue rose 17.7% to $14.29 million from a year ago;
analysts
expected $14.33 million. 
    * The company reported quarterly net income of $630
thousand.
    * Perfect Corp shares had fallen by 6.0% this quarter and
lost 24.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 300%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Perfect Corp is
$3.85 
This summary was machine generated from LSEG data April 24 at
01:31 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
 Mar. 31 2024      0.02           0.01           Missed
 Dec. 31 2023      -0.01          0.03           Beat
 Sep. 30 2023      -0.01          0.02           Beat
 Jun. 30 2023      -0.01          0.01           Beat