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

Presto Automation

14/02/2023 22:55

* Presto Automation Inc  PRST.OQ  reported a quarterly
adjusted
loss of 33 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of 21
cents per share.
    * Revenue was $7.35 million​; analysts expected $8.10
million. 
    * Presto Automation Inc's reported EPS for the quarter was a
loss
of 33 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Presto Automation Inc shares had risen by 79.5% this
quarter.
    * The company reported a quarterly loss of $17.03 million.
    * Wall Street's median 12-month price target for Presto
Automation
Inc is $4.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 10:54 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.21          -0.33          Missed