Perfect Corp. Q3 Profit Drops, Misses Estimates

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.

by RTTNews Staff Writer

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