Perfect Stock Falls Amid 2Q Earnings Decline

Dow Jones
Jul 30
 

By Kelly Cloonan

 

Shares of Perfect declined after the company reported lower earnings in its latest quarterly results.

The stock slid 15% to $2.09 on Tuesday. Shares have fallen 26% this year.

The Taiwan-based company, which provides artificial-intelligence solutions for the beauty and fashion industries, on Tuesday said it logged a profit of $207,000, or 0 cents a share, compared with $764,000, or about 1 cent a share, a year earlier.

The profit decline was partially driven by higher third-party payment-processing fees and greater personnel costs in Taiwan due to foreign-exchange rates, the company said.

Revenue rose 18% to $16.3 million.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

July 29, 2025 13:23 ET (17:23 GMT)

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