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Perfect Corp. Q3 Profit Drops, Misses Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Perfect Corp. (PERF) announced earnings for third quarter that decreased from the same period last year and missed the Street estimates.

The company's earnings totaled $2.53 million, or $0.025 per share. This compares with $3.53 million, or $0.030 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.9% to $16.13 million from $14.55 million last year.

Perfect Corp. earnings at a glance (GAAP) :

-Earnings (Q3): $2.53 Mln. vs. $3.53 Mln. last year.
-EPS (Q3): $0.025 vs. $0.030 last year.
-Revenue (Q3): $16.13 Mln vs. $14.55 Mln last year.

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