Presto Automation Inc. (PRST)
| Market Cap | 412.00 -100.0% |
| Revenue (ttm) | 19.05M -34.8% |
| Net Income | -77.84M |
| EPS | -1.20 |
| Shares Out | 411.69M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | n/a |
| Average Volume | 27,590 |
| Open | 0.0001 |
| Previous Close | 0.0001 |
| Day's Range | 0.0001 - 0.0001 |
| 52-Week Range | 0.000001 - 0.0009 |
| Beta | -23.31 |
| RSI | 47.49 |
| Earnings Date | n/a |
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]
Financial Performance
In fiscal year 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 StatementsNews
Presto Launches Industry-First Menu Unification Product: Enabling The Most Frictionless and Scalable Drive-Thru Voice AI
SAN CARLOS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Presto Phoenix, Inc., the best-capitalized and largest American drive-thru Voice AI company for the quick-service restaurant (QSR) industry, today...
Presto Automation announces sale of assets to consortium led by Remus Capital
Presto Automation (PRST) announced the conclusion of its Article 9 sale process and the successful auction results from December 3, 2024 of the Presto Automation business. Remus Capital led a…
Presto Automation Announces Sale of Assets to Consortium Led by Remus Capital
New business fully capitalized to expand Drive-Thru Voice AI leadership New business fully capitalized to expand Drive-Thru Voice AI leadership
Presto Automation announces sale process backed by lender financing
Presto Automation announced an injection of significant operating capital from its senior secured lenders, led by Metropolitan Partners Group. This capital will help support the Company and stabilize ...
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...
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...
Presto Automation Earnings Call Transcript: Q3 2024
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 (...
Presto Automation announces pilot of Spanish Voice AI for drive-thrus
Presto Automation announced the pilot program of its Presto Voice Spanish Voice AI ordering feature. Presto Voice’s new AI feature will allow drive-thru customers to easily place orders in Spanish…
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
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...
Presto Automation announces launch of Presto Voice with Pure AI
Presto Automation announced the launch of Presto Voice with Pure AI, a transformative feature that delivers enhanced Voice AI order taking for restaurants. “Presto Voice Pure AI represents a major…
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 ...
Presto Automation files to sell 103.76M shares of common stock for holders
06:05 EDT Presto Automation files to sell 103.76M shares of common stock for holders
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...
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.
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...
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...
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...
Presto Automation appoints Debarag Banerjee as head of voice engineering
Presto Automation announced Debarag Banerjee as Head of Voice Engineering. He was in the past a founder of an algorithm-based startup for wireless audio chipsets, holds 15 issued patents, and…
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 ...
Presto Automation initiated with a Hold at Jefferies
Jefferies initiated coverage of Presto Automation with a Hold rating and 62c price target. The company’s growth strategy hinges on restaurants adopting AI-based solutions to run more efficiently, note...
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...
Presto Automation initiated with bullish view at Northland, here’s why
Northland initiated coverage of Presto Automation with an Outperform rating and $2 price target. Presto Automation, which sells voice AI to quick service restaurants, is “carving out a lead in…
Presto Automation escalates activities to collect up to $11.1M from ruling
Presto Automation is escalating its activities to act on a previously reported avorable arbitration ruling from the Singapore International Arbitration Center related to a matter with its third-party ...