Presto Automation Inc. (PRST)

OTCMKTS · Delayed Price · Currency is USD
0.0026
-0.0004 (-13.33%)
Dec 26, 2024, 3:48 PM EST
-64.38%
Market Cap 1.07M
Revenue (ttm) 19.05M
Net Income (ttm) -77.84M
Shares Out 411.69M
EPS (ttm) -1.20
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 606,445
Open 0.0026
Previous Close 0.0030
Day's Range 0.0023 - 0.0028
52-Week Range 0.0020 - 0.7410
Beta 1.24
Analysts n/a
Price Target n/a
Earnings Date Feb 13, 2025

About Presto Automation

Presto Automation Inc. engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff intervention; and Presto Touch, a pay-at-table tablet solution to casual dining chains that enables self-serve ordering, payment processing, personalization, a... [Read more]

Sector Technology
Founded 2008
Employees 137
Stock Exchange OTCMKTS
Ticker Symbol PRST
Full Company Profile

Financial Performance

In 2023, Presto Automation's revenue was $26.14 million, a decrease of -13.89% compared to the previous year's $30.35 million. Losses were -$34.48 million, -38.77% less than in 2022.

Financial Statements

News

UPDATE – Presto Pilots Drive-Thru Voice AI at Taco John's

Mexican-inspired fast food restaurant collaborates with Presto and Qu to optimize its drive-thru operations, revenue, and guest experience Mexican-inspired fast food restaurant collaborates with Prest...

7 months ago - GlobeNewsWire

Presto Pilots Drive-Thru Voice AI at Taco John's

Mexican-inspired fast food restaurant collaborates with Presto and Qu to optimize its drive-thru operations, revenue, and guest experience Mexican-inspired fast food restaurant collaborates with Prest...

7 months ago - GlobeNewsWire

Presto Automation Inc. (PRST) Q3 2024 Earnings Call Transcript

Presto Automation Inc. (NASDAQ:PRST) Q3 2024 Earnings Conference Call May 22, 2024 5:00 PM ET Company Participants Conference Call Participants Chris Cast - IR Gee Lefevre - Interim CEO Stanley Mbugu...

7 months ago - Seeking Alpha

Presto Automation Announces Fiscal Third Quarter 2024 Financial Results

Successful Pilots of Presto Voice™ with Pure AI and Spanish Language Capabilities Focuses on Voice AI Solution for Drive-Thrus By Exiting Touch Pay-at-Table Solution SAN CARLOS, Calif., May 21, 2024 (...

7 months ago - GlobeNewsWire

Presto Announces Pilot of Spanish Voice AI for Drive-Thrus

Drive-Thru Voice AI Expands Language Capabilities to Better Serve Spanish-Speaking Customers Drive-Thru Voice AI Expands Language Capabilities to Better Serve Spanish-Speaking Customers

7 months ago - GlobeNewsWire

Presto to Report Fiscal Third Quarter 2024 Financial Results

SAN CARLOS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru AI and automation technology providers to the restaurant industry, today anno...

8 months ago - GlobeNewsWire

Presto Introduces Presto Voice™ with Pure AI for Enhanced Automated Drive-Thru Ordering

New Pure AI feature provides drive-thru operators with a fully autonomous Voice AI ordering experience for customers New Pure AI feature provides drive-thru operators with a fully autonomous Voice AI ...

8 months ago - GlobeNewsWire

Presto Automation Announces Pricing of $1.2M Registered Direct Offering Priced above Nasdaq Minimum Price

SAN CARLOS, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Presto Automation, Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant i...

10 months ago - GlobeNewsWire

Presto Automation cancels Fiscal Second Quarter 2024 earnings call

SAN CARLOS, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), announces that it is canceling its earnings call previously scheduled for 5 pm ET today.

10 months ago - GlobeNewsWire

Presto to Report Fiscal Second Quarter 2024 Financial Results

SAN CARLOS, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq:PRST) (“Presto” or the “Company”), one of the largest drive-thru automation technology providers in the hospitalit...

10 months ago - GlobeNewsWire

Presto Automation Announces Pricing of Approximately $2.1M Registered Direct Offering

SAN CARLOS, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Presto Automation, Inc. (“Presto” or the “Company”) (NASDAQ: PRST), one of the largest AI and automation technology providers to the restaurant in...

10 months ago - GlobeNewsWire

Presto Automation Raises $6.0 Million and Wins Final Appeal in Case Against XAC

SAN CARLOS, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq:PRST) (“Presto” or the “Company”), one of the largest AI and automation technology providers to the restaurant indu...

11 months ago - GlobeNewsWire

Presto Announces Stanford PhD and AI technologist Debarag Banerjee as Head of Voice Engineering

SAN CARLOS, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq: PRST) one of the largest drive-thru automation technology providers in the hospitality industry, today announced ...

1 year ago - GlobeNewsWire

Presto's Voice™ AI Solution Projected to Capitalize on Strong Momentum as Company Releases 2024 Projected Annualized Run Rate

SAN CARLOS, Calif., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq: PRST) one of the largest drive-thru automation technology providers in the hospitality industry, today provided ad...

1 year ago - GlobeNewsWire

Presto Names Kat Hoffman-Flynt Chief Operating Officer

SAN CARLOS, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Presto Automation (NASDAQ: PRST), an enterprise-grade AI and automation solutions provider to some of the nation's largest restaurant brands, tod...

1 year ago - GlobeNewsWire

Presto Automation: My Top AI Pick For 2024

PRST has dropped significantly after an initial hype phase due to a couple of unimpressive quarters. PRST is backed heavily by insiders and other large investors who want to see common shares succeed....

1 year ago - Seeking Alpha

Presto Automation Inc. (PRST) Q1 2024 Earnings Call Transcript

Presto Automation Inc. (NASDAQ:PRST) Q1 2024 Results Conference Call November 20, 2023 5:00 PM ET Company Participants Krishna Gupta - Chairman Xavier Casanova - CEO Nathan Cook - Interim CFO Confere...

1 year ago - Seeking Alpha

Presto Automation Announces Fiscal First Quarter 2024 Financial Results

First Quarter Revenue in Line with Guidance Presto Voice Continues Momentum and is Now Live at Over 400 Locations Additional Capital Raised from Common Stock Issuance to an Affiliated Long-Term Invest...

1 year ago - GlobeNewsWire

Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions

SAN CARLOS, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc.  (NASDAQ:  PRST), one of the largest AI and automation technology providers to the restaurant industry, today announced it...

1 year ago - GlobeNewsWire

Presto to Report Fiscal First Quarter 2024 Financial Results

SAN CARLOS, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced...

1 year ago - GlobeNewsWire

Presto Signs Voice AI Pilot with Top 10 QSR Drive-Thru Brand

SAN CARLOS, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, has signed new ...

1 year ago - GlobeNewsWire

Presto Names Justin Foster Chief Revenue Officer; Departure of Dan Mosher, President

SAN CARLOS, Calif., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq: PRST), an enterprise-grade AI and automation solutions provider to some of the nation's largest restaurant brands...

1 year ago - GlobeNewsWire

Presto to Participate at The ThinkEquity Conference

SAN CARLOS, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (Nasdaq: PRST), an enterprise-grade AI and automation solutions provider to some of the nation's largest restaurant brands...

1 year ago - GlobeNewsWire

Presto Automation Inc. (PRST) Q4 2023 Earnings Call Transcript

Presto Automation Inc. (NASDAQ:PRST) Q4 2023 Earnings Conference Call October 10, 2023 5:00 PM ET Company Participants Adam Rogers - Head of Investor Relations Xavier Casanova - Chief Executive Offic...

1 year ago - Seeking Alpha

Presto Announces FY2023 Financial Results, Increased Ownership Commitment from a Major Existing Shareholder, Extended Shareholder Lock-ups, and a new Interim CFO

SAN CARLOS, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc.  (Nasdaq:  PRST), an enterprise-grade AI and automation solutions provider to some of the nation's largest restaurant bran...

1 year ago - GlobeNewsWire