Peraso Expects Q1 Total Net Revenue Of $2.6M-$2.9M, Est $3.725M
Portfolio Pulse from Benzinga Newsdesk
Peraso anticipates its Q1 total net revenue to be between $2.6M and $2.9M, which is below the estimated $3.725M.
March 18, 2024 | 9:55 pm
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NEGATIVE IMPACT
Peraso's expected Q1 revenue falls short of the estimated $3.725M, indicating potential underperformance.
Revenue forecasts are critical indicators of a company's financial health and future prospects. Peraso's lower-than-expected revenue forecast could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100