Perfect Stock Price, News & Analysis

Perfect Corp. (NYSE: PERF) reported Q3 2024 financial results with total revenue of $16.1 million, up 10.8% year-over-year. The company's gross profit increased 9.6% to $13.0 million, while net income was $2.5 million. YouCam mobile app subscribers grew 17% to over 977,000. The company maintained 151 Key Customers and expanded its brand client base to 708 with over 806,000 digital SKUs. For the first nine months of 2024, revenue reached $44.3 million, up 12.5% year-over-year. The company projects 12-14% revenue growth for full-year 2024.

Perfect Corp. (NYSE: PERF), a leader in AI and AR beauty technology, has launched The Beautiful AI Podcast. This new series explores how AI is shaping the beauty industry and beyond, featuring interviews with industry pioneers and innovators. The podcast offers insights into AI's impact on consumer experiences and digital transformation across various sectors.

Perfect Corp. CEO Alice Chang expressed excitement about sharing perspectives from influential voices in beauty, fashion, and other industries. The podcast aims to inspire listeners with creative AI applications that enhance beauty and solve consumer issues. It targets executives seeking digital innovation and AI enthusiasts interested in real-world applications.

The Beautiful AI Podcast is available at https://share.transistor.fm/s/31f3e051 or https://www.perfectcorp.com/business/videos. Listeners can stay connected with Perfect Corp. on LinkedIn for updates.

Perfect Corp. (NYSE: PERF), the leading AI and AR-powered beauty and fashion tech solutions provider, has announced the 2024 release of expanded Halloween-themed AI-powered features for its YouCam suite of apps. With over 1.1 billion downloads worldwide, the update introduces:

- New AI Avatar characters
- AI Fashion costume styles
- AI Selfie transformations
- AI Art (Text-to-Image) capabilities
- Halloween-themed content across AI Studio, AI Scene, and AI Room

These features allow users to transform images into Halloween-inspired art, design custom environments, and generate social media-ready visuals. The update also includes Halloween-themed makeup looks, frames, and stickers. Available on YouCam Makeup, YouCam Perfect, YouCam Video, and YouCam AI Pro for iOS and Android platforms, these AI-powered tools aim to enhance users' Halloween experiences and creative self-expression.

Perfect Corp. (NYSE: PERF) has partnered with Starboard Group to expand the SkInsight AI skin analysis experience across 30 more ships this month. This AI-powered tool, developed by Perfect Corp., provides personalized skincare recommendations to guests in seconds. The expansion follows a successful debut on Carnival Jubilee in December 2023 and will now be available on ships across Royal Caribbean International, Carnival Cruise Line, Virgin Voyages, and TUI Mein Schiff fleets.

SkInsight is part of Starboard's 'Beauty for All' campaign and retailtainment concept, aiming to enhance the onboard shopping experience. The tool has shown impressive results, increasing sales volume and guest spending by 20% and expanding the average transaction amount by 10%. Perfect Corp. developed a tailored offline solution for Starboard, ensuring seamless performance in maritime environments without relying on internet connectivity.

Perfect Corp., a leading AI and AR beauty technology provider, has launched its new 'AI Skincare Product Recommendation' tool. This innovative feature is integrated into the backend console system and uses AI to automatically match brand products with specific skincare concerns. The tool significantly simplifies and accelerates the setup process for skincare brands using Perfect Corp.'s AI Skin Analysis technology.

Previously, brands had to manually define recommendation conditions for each product, which was time-consuming. The new AI tool automates this process by analyzing product names, descriptions, images, and categories. It allows retailers and brands to generate product category appointments in bulk, assigning skin concerns to multiple products simultaneously. Users can utilize the AI for up to 40 batches per week.

The tool offers benefits such as easier setup, quicker time-to-market, and resource optimization. It enables any console user, regardless of product knowledge, to generate accurate skincare product recommendations efficiently.

Perfect Corp. (NYSE: PERF) has partnered with TIMEZ, a watch aggregation platform, to introduce AR virtual try-on technology for luxury watches. The collaboration integrates advanced 3D modeling, rendering, and AR technologies into TIMEZ's mobile app, offering users an enhanced digital shopping experience. Key features include:

- 360° 3D model viewing
- Virtual try-on with AgileHand™️ hand-tracking technology
- High-precision 3D rendering for accurate color and texture display
- AI-powered watch recognition identifying over 53,000 models in 0.8 seconds

This partnership aims to redefine the digital experience in the watch sector, supporting TIMEZ's omnichannel growth and providing comprehensive digital services for watch enthusiasts.

RéVive Skincare and Perfect Corp. have announced a groundbreaking partnership, leveraging AI technology and clinical data to create before-and-after imagery for skincare products. This industry-first collaboration aims to showcase the transformative benefits of RéVive's products across various skin tones and ages.

The initiative will use AI-powered simulations to visualize how RéVive products address specific skin concerns, including fine lines, wrinkles, and under-eye puffiness. Set to launch in September 2024, the imagery will be available on RéViveSkincare.com and select retail partners, offering consumers a more informed decision-making process.

This partnership marks a significant advancement in skincare retail, combining RéVive's scientific expertise with Perfect Corp's beauty-tech solutions to meet the evolving needs of beauty enthusiasts and set new industry standards.

Perfect Corp. (NYSE: PERF) has launched the Skincare Pro Aesthetic Simulator, a groundbreaking AI-powered tool for beauty professionals. This advanced solution uses AI image analysis and deep learning models to accurately simulate 27 types of non-surgical facial procedures across six facial zones. The simulator enhances communication between professionals and clients, offering visual representations of potential treatments.

Key features include:

• Accurate perception and interpretation of user images
• Real-time parameter adjustments
• Integration with a cloud-based CRM platform
• Flexible subscription plans for iOS devices

This innovation aims to build trust, streamline clinic operations, and deliver personalized treatment plans, addressing the growing consumer demand for transparency in beauty treatments.

Perfect Corp. (NYSE: PERF), a leading AI and AR beauty tech solutions provider, is set to be featured on the public television program 'Empowered Hosted by Meg Ryan'. The episode, which began distribution on August 26th, 2024, showcases Perfect Corp.'s AI skin analysis technology and its impact on revolutionizing the skincare consumer experience.

The technology can identify up to 14 core skin concerns in seconds, including wrinkles, spots, and redness. Verified by dermatologists, it offers faster and more accurate skin readings compared to traditional skincare quizzes. The feature will be distributed to over 170 public television stations across all 50 states, highlighting how AI is transforming personalized skincare recommendations and empowering consumers in their skincare journey.