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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
Summary: - Peraso reported a quarterly loss of $0.83 per share, beating estimates. - Revenue of $2.82 million exceeded estimates for the quarter ended March 2024. - The company's stock has lost 87.1% YTD compared to S&P 500's 9.5% gain. - The Zacks Rank for Peraso is #2 (Buy), with favorable estimate revisions. - Yext, another company in the same industry, is expected to report earnings soon. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Earnings
- Summary:
- Peraso reported a quarterly loss of $0.83 per share, beating estimates.
- Revenue of $2.82 million exceeded estimates for the quarter ended March 2024.
- The company's stock has lost 87.1% YTD compared to S&P 500's 9.5% gain.
- The Zacks Rank for Peraso is #2 (Buy), with favorable estimate revisions.
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