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Presto Automation inc   (NASDAQ: PRST)
Other Ticker:  
 
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 
Price: $0.0001 $0.00 0.000%
Day's High: $0.0001 Week Perf: 0.00
Day's Low: $ 0.00 30 Day Perf: 0.00
Volume (M): 6 52 Wk High: $ 0.25
Volume (M$): $ 0 52 Wk Avg: $0.03
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 84
 Employees -
 Revenues (TTM) (Millions $) 16
 Net Income (TTM) (Millions $) -78
 Cash Flow (TTM) (Millions $) -23
 Capital Exp. (TTM) (Millions $) 6

Presto Automation Inc
Presto Automation Inc. is a leading automation company that specializes in designing and manufacturing innovative automated solutions for various industries. With their expertise in robotics and control systems, they provide customized automation solutions to improve productivity and efficiency for their clients. They offer a wide range of automation products, including robotic machinery, assembly lines, and robotic integration services. With a focus on quality and reliability, Presto Automation Inc. aims to deliver cutting-edge automation solutions that meet the unique needs of their customers.


   Company Address: 985 Industrial Road San Carlos 94070 CA
   Company Phone Number: 817-9012   Stock Exchange / Ticker: NASDAQ PRST


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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Management Announcement

Presto Automations Bold Gamble: New Owners Seek to Harness Voice AI Amid Financial Turmoil,

Published Tue, Jan 7 2025 1:00 PM UTC

Presto Automation s Troubling Turnaround as Financial Struggles Shape Its Future in Voice AI TechnologyIn a strategic pivot that reflects both ambition and desperation, Presto Automation Inc., a California-based company specializing in drive-thru voice AI technology, has announced the sale of its assets to a consortium led by Remus Capital. This transaction aims to provide...
Financing Agreement

Navigating Change: Presto Automationns Strategic Shift Amid Financial Restructuring and Innovative Partnerships

Published Tue, Sep 24 2024 12:01 PM UTC

Navigating Change: Presto Automationns Strategic Shift Amid Financial Restructuring and Innovative PartnershipsIn the ever-evolving landscape of the restaurant industry, technology has emerged as a key player, shaping the ways in which businesses engage with customers and operate efficiently. One company at the forefront of this transformation is Presto Automation Inc., head...
Product Service News

Redefining the Drive-Thru Experience: Taco Johns Partners with Presto and Qu to Leverage Cutting-Edge Voice AI Techno...

Published Mon, Jun 3 2024 10:00 AM UTC

Mexican-Inspired Fast Food Restaurant Collaborates with Presto and Qu to Revolutionize Drive-Thru ExperienceIn a move towards embracing innovation and enhancing guest satisfaction, Taco Johns, the renowned Mexican-inspired fast food chain, has joined forces with Presto and Qu to revolutionize its drive-thru operations. With the implementation of cutting-edge voice AI technol...
Presto Automation Inc

2. Examining the Factors Behind Presto Automation Inc's Widening Deficit and Declining Revenue

Presto Automation Inc Reports Increase in Deficit for Fiscal Third Quarter of 2024
SAN CARLOS, Calif., Oct. 16, 2023 - Presto Automation Inc (Nasdaq: PRST), an enterprise-grade AI and automation solutions provider to some of the nation's largest restaurant brands, recently announced its financial results for the fiscal third quarter of 2024. The company reported an increased deficit per share of $-0.32 compared to $-0.30 in the same period last year, as well as a growth in deficit from $-0.31 per share from the preceding quarter.
In terms of revenue, Presto Automation Inc experienced a decline of -36.946% to $4.17 million from $6.61 million in the comparable quarter a year ago. However, there was a sequential revenue growth of 2.915% from $4.05 million. The company realized a net deficit of $-27.095 million for the fiscal third quarter of 2024, which was larger than the $-15.680 million reported a year ago.
Product Service News

Presto's New Spanish Voice AI Strengthens Drive-Thru Experience, Better Serving Spanish-Speaking Customers

Published Mon, May 20 2024 12:30 PM UTC

Presto, a leading technology company specializing in restaurant management systems, has recently announced the pilot launch of their Spanish Voice AI for drive-thru services. This groundbreaking development aims to expand language capabilities, providing a more personalized and efficient experience for Spanish-speaking customers. With this innovative solution, Presto is revo...






Presto Automation Inc's Segments





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