Peraso (NASDAQ:PRSO – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, November 13th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Peraso (NASDAQ:PRSO – Get Free Report) last issued its earnings results on Monday, August 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Peraso had a negative return on equity of 89.44% and a negative net margin of 176.75%. The firm had revenue of $2.40 million during the quarter, compared to the consensus estimate of $4.50 million. On average, analysts expect Peraso to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Peraso Trading Down 32.2 %
Shares of PRSO stock opened at $0.21 on Friday. Peraso has a 12-month low of $0.12 and a 12-month high of $1.54. The stock’s 50-day moving average price is $0.20 and its 200-day moving average price is $0.36. The stock has a market capitalization of $5.83 million, a price-to-earnings ratio of -0.17 and a beta of 1.86.
Institutional Inflows and Outflows
Analyst Ratings Changes
Separately, Benchmark dropped their price target on Peraso from $1.50 to $1.00 and set a “speculative buy” rating for the company in a research report on Monday, August 21st.
Peraso Company Profile
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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