Presto Automation Q3 2024 GAAP EPS $(0.32) Misses $(0.15) Estimate, Sales $4.452M Beat $4.072M Estimate
Portfolio Pulse from Benzinga Newsdesk
Presto Automation (NASDAQ:PRST) reported Q3 2024 GAAP EPS of $(0.32), missing the $(0.15) estimate, and sales of $4.452M, beating the $4.072M estimate. EPS decreased by 6.67% YoY, while sales decreased by 32.62% YoY.
May 21, 2024 | 5:34 am
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Presto Automation reported a Q3 2024 GAAP EPS of $(0.32), missing the $(0.15) estimate, and sales of $4.452M, beating the $4.072M estimate. EPS decreased by 6.67% YoY, while sales decreased by 32.62% YoY.
The significant miss on EPS compared to estimates and the YoY decrease in both EPS and sales are likely to negatively impact investor sentiment in the short term, despite the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100