Streetbeat News

PRST

Presto Automation, Inc.

https://presto.com

Industry

Software - Application

Presto Automation, Inc. provides labor automation technology solutions in the hospitality industry. The company offers a platform of voice, vision, and touch solutions, which increase staff productivity and improve the guest experience. Presto Automation, Inc. was incorporated in 2008 and is headquartered in San Carlos, California.

Open

0.00

Mkt cap

1.1M

Volume

269K

High

0.00

P/E Ratio

N/A

52-wk high

1.24

Low

0.00

Div yield

N/A

52-wk low

0.00

In Tuesday's after-market session, several information technology stocks experienced significant movements. AgileThought (AGIL) saw a dramatic increase of 89.8%, while Presto Automation (PRST) and SPI Energy (SPI) also posted gains after their earnings release and high trading volumes, respectively. Ascent Solar Technologies (ASTI), Verb Tech (VERB), and TeraWulf (WULF) also saw their stocks rise. Conversely, Rekor Systems (REKR), Saverone 2014 (SVRE), Rubicon Technologies (RBT), Intrusion (INTZ), Edgio (EGIO), and Oblong (OBLG) experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:30 pm

Presto Automation's stock is trading lower following the announcement of a year-over-year decline in Q1 revenue and the issuance of Q2 guidance that may have disappointed investors.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 8:30 pm

In Monday's after-market session, several IT stocks experienced significant movements. GSE Systems (GVP) saw a 9.7% increase after their Q3 earnings report 4 days ago. Akoustis Technologies (AKTS) rose by 7.38%, while Frequency Electronics (FEIM) increased by 6.88%. Edgio (EGIO) also gained 4.99% post their Q3 earnings report. SmartRent (SMRT) and D-Wave Quantum (QBTS) saw modest gains. Conversely, Presto Automation (PRST) dropped by 8.9% after their Q1 earnings report, Remark Holdings (MARK) fell by 4.35%, Oblong (OBLG) by 3.96%, Arqit Quantum (ARQQ) by 3.63%, CISO Global (CISO) by 3.5%, and Quantum (QMCO) by 2.77%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 9:31 pm

Presto (PRST) forecasts its Q2 2024 total revenue to be between $4.8 million and $5 million, which is in line with the estimated $5 million.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:26 pm

Presto Automation reported a significant decrease in earnings and revenue for Q1 2024 compared to the same quarter last year. Earnings per share (EPS) dropped to $0.08 from $0.86, and revenue fell to $4.885 million from $7.779 million year-over-year (YoY).

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:25 pm

Presto Automation (NASDAQ:PRST) reported a decrease in Q1 sales to $4.88M, down 37.20% from $7.78M YoY, with earnings of $0.08 per share.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:24 pm

Earnings reports are scheduled for November 20, 2023, for a variety of companies across different sectors. The reports include a mix of projected earnings per share and revenue figures for companies such as Greenland Technologies, Pyxis Tankers, and Agilent Technologies, among others. Some companies are expected to report losses, such as Xcel Brands and Enanta Pharma. The earnings release could influence the stock prices of these companies in the short term.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 12:11 pm

Presto Automation Inc has announced a reduction in its global full-time employee base by approximately 17% according to an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 2:33 pm

In Wednesday's pre-market session, several IT stocks showed significant movement. BIO-key Intl, Mobilicom, Presto Automation, Boxlight, Ondas Holdings, and Quantum saw their shares rise, with Ondas Holdings releasing Q3 earnings. Conversely, ReAlpha Tech Corp, Movano, Blackboxstocks, Inpixon, Peraso, and Arqit Quantum experienced declines in their stock prices, with Movano, Blackboxstocks, Inpixon, and Peraso also releasing their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 1:06 pm

In Tuesday's after-market session, several IT stocks saw significant movement. Porch Group (PRCH), Cyngn (CYN), HeartCore Enterprises (HTCR), Turtle Beach (HEAR), Kyndryl Hldgs (KD), and ZeroFox Holdings (ZFOX) stocks moved upwards, with Porch Group leading the gainers with a 19.0% increase. On the other hand, Expensify (EXFY), Casa Systems (CASA), Power Integrations (POWI), Movano (MOVE), Presto Automation (PRST), and Corsair Gaming (CRSR) stocks fell, with Expensify leading the losers with a 23.1% decrease.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:30 pm

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