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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