Perceptron, Inc. ($PRCP) 4Q20 Earnings Sneak Peek

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Perceptron, Inc. (NASDAQ:PRCP) is expected to report fourth quarter earnings results, before market open, on Monday 28th September 2020.

Analysts polled by Thomson Reuters anticipate fourth quarter loss of $ 0.15 per share.

Looking ahead, the full year loss are expected at $ 0.42 per share on the revenues of $ 61.15 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 70.00 million ~ $ 75.00 million

Click Here For More Historical Outlooks Of Perceptron, Inc.

Previous Quarter Performance

Perceptron, Inc. recorded loss for the third quarter of $ 0.11 per share, from the revenue of $ 12.67 million. The quarterly revenues shrunk 18.94 percent compared with the same quarter last year. According to street consensus, PRCP was expected to report 3Q20 loss of $ 0.06 per share from revenue of $ 15.82 million. The bottom line results missed street analysts by $ 0.05 or 83.33 percent, at the same time, top line results fell short of analysts by $ 3.15 million or 19.91 percent.

Stock Performance

On Friday, shares of Perceptron, Inc. has traded high as $ 4.19 and has cracked $ 4.02 on the downward trend, reaching $ 4.09 with volume of 49.90 thousand shares.

According to the previous trading day, closing price of $ 4.09, representing a 78.63 % increase from the 52 week low of $ 2.34 and a 42.66 % decrease over the 52 week high of $ 7.29.

The company has a market capital of $ 39.76 million and is part of the Technology sector and Scientific & Technical Instruments industry.

Conference Call

Perceptron, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th September 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.perceptron.com

Perceptron, Inc. develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.