Peraso (PRSO) Reports Q3 Loss, Lags Revenue Estimates
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Peraso (PRSO) reported a Q3 loss of $0.34 per share, missing the Zacks Consensus Estimate of a $0.17 loss. This is an improvement from the $1.60 loss per share a year ago.
November 13, 2024 | 12:00 am
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Peraso reported a Q3 loss of $0.34 per share, which is worse than the expected loss of $0.17 per share. Despite this, the loss is an improvement from the previous year's $1.60 per share.
The reported loss per share of $0.34 is worse than the expected $0.17, indicating a negative surprise for investors. However, the improvement from last year's $1.60 loss per share may provide some positive context. Overall, the immediate impact is likely negative due to missing estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100