Peraso Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Peraso (NASDAQ:PRSO) Full Year 2024 Results

Key Financial Results

• Revenue: US$14.6m (up 6.0% from FY 2023).
• Net loss: US$10.7m (loss narrowed by 36% from FY 2023).
• US$3.57 loss per share (improved from US$26.00 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Peraso EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 37%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are up 14% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Peraso.

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