Presto Automation, Inc. (PRST)
Market Cap | 17.88M |
Revenue (ttm) | 21.20M |
Net Income (ttm) | -66.42M |
Shares Out | 95.14M |
EPS (ttm) | -1.31 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,828,422 |
Open | 0.187 |
Previous Close | 0.192 |
Day's Range | 0.137 - 0.200 |
52-Week Range | 0.137 - 5.740 |
Beta | 1.80 |
Analysts | Buy |
Price Target | 2.54 (+1,359.77%) |
Earnings Date | May 18, 2024 |
About PRST
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 2023, PRST'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 StatementsAnalyst Forecast
According to 3 analysts, the average rating for PRST stock is "Buy." The 12-month stock price forecast is $2.54, which is an increase of 1,359.77% from the latest price.
News
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 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'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 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...
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...
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...
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...
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 ...
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...
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...
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...
Presto to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results
SAN CARLOS, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced...
Presto signs CKE Franchise StarCorp's 58 Carl's Jr. Locations
SAN CARLOS, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced...
Presto Announces Signed Agreements with 13 QSR Franchise Groups Representing More than 500 Locations Combined
SAN CARLOS, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today shared tha...
Presto Names Xavier Casanova as New CEO
SAN CARLOS, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), the largest drive-thru automation technology provider in the hospitality industry, announced today that Xav...
Krishna K. Gupta Resumes Role as Chairman of Presto Automation After 4 Months as Interim CEO
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Krishna K. Gupta Resumes Role as Chairman of Presto Automation after 4 months as Interim CEO.
Presto Expands International Presence
Enhances Product Development and Engineering Capabilities with India-based Team Enhances Product Development and Engineering Capabilities with India-based Team
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...
Here's how this company is using A.I. to improve drive-thru process
Krishna Gupta, CEO and chairman at Presto Automation, joins 'Power Lunch' to explain how his company uses A.I. to improve drive-thru processes in the food industry.
INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...
Presto Unlocks Approximately $20M of Cash in PIPE Transaction
SAN CARLOS, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced ...