Peraso Q2 EPS $(0.12) Misses $(0.08) Estimate, Sales $2.40M Miss $4.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peraso (NASDAQ:PRSO) reported Q2 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.08) by 50%. The company also reported quarterly sales of $2.40 million, missing the analyst consensus estimate of $4.50 million by 46.60%. This represents a 47.83% increase in losses and a 43.91% decrease in sales compared to the same period last year.
August 14, 2023 | 8:32 pm
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NEGATIVE IMPACT
Peraso's Q2 earnings and sales missed analyst estimates, indicating a potential negative impact on the company's stock.
Peraso's Q2 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100