Peraso Q4 EPS $(8.52) Misses $(3.76) Estimate, Sales $1.83M Beat $1.70M Estimate
Portfolio Pulse from dijoy@benzinga.com
Peraso (NASDAQ:PRSO) reported Q4 EPS of $(8.52), missing the $(3.76) estimate by 126.6%, and a 63.85% decrease from last year's $(5.20) per share. Sales were $1.83M, beating the $1.70M estimate by 7.76%, but down 52.87% from last year's $3.89M.
March 18, 2024 | 8:36 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Peraso reported a significant miss in Q4 EPS and a decrease in sales, though sales slightly beat estimates.
The significant miss in EPS and the decrease in sales year-over-year, despite a slight beat on sales estimates, could lead to negative investor sentiment in the short term. The magnitude of the EPS miss and the sales decline are critical factors likely to impact the stock price negatively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100