Before the open yesterday, Peraso (PRSO) announced that the company has agreed to sell 2.45 million shares of its common stock to an institutional investor at a price of $1.00 per share, a 26% discount to PRSO’s last close price prior to disclosure of the planned offering.
Read MorePeraso (PRSO) reported Q3 ’22 results below our estimates as the company was unable to recognize revenue for certain orders shipped to a large customer late in the quarter.
Read MoreCTG’s Q3 ’22 results reflected management’s ongoing efforts to strategically shift the company towards higher margin digital IT solutions engagements. Despite revenue coming in below our estimate and consensus, gross margin improved meaningfully Y/Y and was consistent with our assumption.
Read MoreDHI Group, Inc. (DHX) reported Q3 ’22 results above expectations. Both Dice and ClearanceJobs again exhibited strong revenue growth driven by the addition of net new recruitment package customers, a steady uptick in average revenue per customer and high revenue retention rates.
Read MoreCTG, Inc. (CTG) reports Q3 ’22 results next Tuesday, November 8. We anticipate results generally in line with consensus, which are nominally below our projections.
Read More