Welcome to our dedicated page for Perfect news (Ticker: PERF), a resource for investors and traders seeking the latest updates and insights on Perfect stock.
Perfect Corp (PERF) pioneers augmented reality beauty solutions that bridge digital innovation with consumer experiences. This news hub provides investors and industry observers with essential updates on the company's strategic initiatives and market position.
Access real-time announcements including earnings reports, product launches, and partnership developments. Our curated collection serves as your primary source for understanding PERF's role in shaping beauty tech through AR innovations and omni-channel strategies.
Key updates cover financial disclosures, technology patents, and global expansion efforts across major markets. Bookmark this page for streamlined tracking of corporate milestones that influence the beauty tech sector's evolution.
Perfect Corp. (NYSE: PERF) reported its financial results for Q1 2023, revealing total revenues of $12.1 million, marking a 9.7% growth quarter-over-quarter and a 0.9% increase year-over-year. This growth was primarily driven by the demand for AR/AI cloud solutions and subscription revenues, which rose by 18.7% to $10.4 million. The company achieved a net income of $0.7 million, a turnaround from a net loss of $0.5 million in Q1 2022. Adjusted net income was $1.4 million, up from $1.2 million in the previous year. With 158 key customers and over 694,000 active mobile beauty app subscribers, Perfect Corp. is optimistic about continued growth in the AR/AI sector throughout 2023.
Perfect Corp. has announced the return of its annual event, The Global Beauty and Fashion Tech Forum, set for June 26, 2023, in New York City. This year's theme is The Future of AI and AR Innovation, focusing on how these technologies enhance consumer shopping experiences. The event features industry leaders from major brands like Amazon and Estée Lauder, with presentations and discussions aimed at exploring the market impact of AI and AR in retail.
Early bird tickets are available until May 15 for $125 in-person and $40 for virtual attendance. The forum promises engaging content and interactive showcases of cutting-edge technology solutions.
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