Peraso (NASDAQ:PRSO) reported its Q4 earnings results on Monday, March 18, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Peraso missed estimated earnings by -127.0%, reporting an EPS of $-8.52 versus an estimate of $-3.76.
Revenue was down $2.06 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $2.4 which was followed by a 4.0% drop in the share price the next day.
Here's a look at Peraso's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -4 | -3.2 | -4 | -6.8 |
EPS Actual | -1.6 | -4.8 | -3.6 | -5.2 |
Revenue Estimate | 3.05M | 4.50M | 4.52M | 3.95M |
Revenue Actual | 4.48M | 2.40M | 5.03M | 3.89M |
To track all earnings releases for Peraso visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.