Peraso (PRSO) Scheduled to Post Earnings on Tuesday

Peraso (NASDAQ:PRSOGet Free Report) will be releasing its earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Peraso has set its Q3 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Peraso (NASDAQ:PRSOGet Free Report) last released its quarterly earnings results on Monday, August 12th. The company reported ($1.37) earnings per share for the quarter, missing the consensus estimate of ($0.73) by ($0.64). Peraso had a negative return on equity of 242.83% and a negative net margin of 119.82%. The firm had revenue of $4.24 million for the quarter, compared to analyst estimates of $4.20 million. On average, analysts expect Peraso to post $-3 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

Peraso Stock Performance

NASDAQ PRSO traded down $0.36 on Tuesday, reaching $1.25. The stock had a trading volume of 280,876 shares, compared to its average volume of 454,122. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.74. The company has a market cap of $3.54 million, a P/E ratio of -0.08 and a beta of 1.73. The firm has a fifty day moving average of $1.54 and a two-hundred day moving average of $1.45. Peraso has a 1-year low of $1.15 and a 1-year high of $15.66.

Wall Street Analysts Forecast Growth

Separately, Benchmark reiterated a “speculative buy” rating and issued a $4.00 price target on shares of Peraso in a research note on Monday, September 30th.

Check Out Our Latest Stock Analysis on Peraso

Peraso Company Profile

(Get Free Report)

Peraso Inc, a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules.

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Earnings History for Peraso (NASDAQ:PRSO)

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