Published on 19 Mar 2024 on Benzinga
Shares of Peraso Inc. PRSO fell sharply during Tuesday’s session after the company reported worse-than-expected fourth-quarter EPS results.
Peraso posted a quarterly loss of $8.52 per share, versus analysts’ estimates for a loss of $3.76 per share. The company’s quarterly sales came in at $1.83 million versus expectations of $1.70 million.