Perfect First Quarter 2024 Earnings: EPS: US$0.006 (vs US$0.006 in 1Q 2023)

Perfect (NYSE:PERF) First Quarter 2024 Results

Key Financial Results

• Revenue: US$14.3m (up 18% from 1Q 2023).
• Net income: US$630.0k (down 9.4% from 1Q 2023).
• Profit margin: 4.4% (down from 5.7% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.006 (in line with 1Q 2023).

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

Perfect Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

Be aware that Perfect is showing 1 warning sign in our investment analysis that you should know about...

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