Peraso

Peraso, Inc. engages in the development and sale of semiconductor devices and modules based on its proprietary semiconductor devices and performance of non-recurring engineering, services and licensing of intellectual property. It operates through the following geographical segments: North America, Hong Kong, Taiwan, and Rest of World. The company was founded in 1991 and is headquartered in San Jose, CA.

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Peraso surpasses Q1 revenue targets, poised for growth in 2024

Peraso Inc. delivered strong Q1 2024 results, exceeding revenue guidance and showing improvements in financial metrics. The company's focus on expanding customer base, securing design wins, and launching new products positions it for sustained growth in 2024.

Peraso exceeds revenue targets, eyes market expansion for growth

Peraso's Q2 2024 performance reflects strong revenue growth, margin expansion, and strategic product developments, signaling positive momentum.
While facing profitability challenges and liquidity concerns, the company's focus on operational efficiency and market expansion presents growth opportunities.
Overall, Peraso's outlook for revenue growth, product expansion, and backlog fulfillment indicates a path towards sustained financial improvement.

Peraso reports steady Q3 revenue, eyes growth in defense sector

Peraso's Q3 performance showed revenue meeting targets, cost efficiencies, and product shipment growth.
While facing challenges of losses and liquidity, the company's strengths lie in market traction and diversification.
Opportunities in revenue growth, new market segments, and financial injections position Peraso for future success.

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Peraso (PRSO) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $1.60 per share a year ago.

Peraso (PRSO) Reports Q3 Loss, Lags Revenue Estimates

Peraso Inc. (NASDAQ:PRSO ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jim Sullivan - Chief Financial Officer Ron Glibbery - Chief Executive Officer Conference Call Participants David Williams - Benchmark Jon Hickman - Ladenburg Thalmann Operator Good afternoon, and welcome to Peraso Inc.'s Third Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.

Peraso Inc. (PRSO) Q3 2024 Earnings Call Transcript

SAN JOSE, CA / ACCESSWIRE / November 12, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the third quarter ended September 30, 2024. Management Commentary "Third quarter revenue was within our range of expectations, with overall results being highlighted by meaningful improvement in our operating performance," commented Ron Glibbery, CEO of Peraso.

Peraso Announces Third Quarter 2024 Results

SAN JOSE, CA / ACCESSWIRE / November 6, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced it plans to attend and participate in the 2024 AfricaTech Festival. During the show, Peraso will collaborate with leading experts in the telecom industry to exchange insights, foster connections and advocate for the adoption of mmWave Fixed Wireless Access (FWA) in densely populated areas, helping to accelerate Africa's digital transformation.

Peraso to Highlight the Power of 60 GHz Fixed Wireless Access for Dense Urban Networks at Africa Tech Festival

SAN JOSE, CA / ACCESSWIRE / November 5, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, announced today the entry into definitive agreements for the immediate exercise of certain outstanding Series B warrants to purchase up to an aggregate of 2,246,030 shares of common stock, issued by Peraso in February 2024 (the "Existing Warrants"), at a reduced exercise price of $1.30 per share. The shares of common stock issuable upon exercise of the Existing Warrants are registered pursuant to an effective registration statement on Form S-1 (File No.

Peraso Announces Exercise of Warrants for $2.9 Million in Gross Proceeds

SAN JOSE, CA / ACCESSWIRE / November 1, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, is pleased to announce that SAF Tehnika JSC ("SAF") has released the FreeMile 60 (FreeMile) radio to provide fixed wireless access (FWA) using Peraso's Perspectus mmWave modules with the X720 chipset. Utilizing the unlicensed 60 GHz band, FreeMile's 90-degree multipoint setup enables wireless Internet service providers (WISPs) to maximize network coverage with minimal infrastructure.

SAF Tehnika Unveils FreeMile 60, Accelerating mmWave Adoption in the $3.4B Addressable Market

SAN JOSE, CA / ACCESSWIRE / October 29, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced that it will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after the market close, followed by a conference call at 2:00 p.m. Pacific Time to discuss the Company's results and business outlook.

Peraso to Announce Third Quarter 2024 Financial Results

SAN JOSE, CA / ACCESSWIRE / October 24, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leading provider of mmWave wireless technology for fixed wireless access ("FWA"), today announced a $1.4 million follow-on purchase order from a prominent South African wireless Internet service provider ("WISP"). This order for Peraso's innovative mmWave equipment builds on an initial production order secured and shipped in the second quarter of 2024.

Peraso Secures $1.4 Million Follow-on Order, Further Validating the Benefits of mmWave in High-Density Environments

SAN JOSE, CA / ACCESSWIRE / October 17, 2024 / Peraso Inc. (NASDAQ:PRSO), ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced that Ron Glibbery, CEO, and Jim Sullivan, CFO, will participate at the LD Micro 17th Annual Main Event to be held at the Luxe Sunset Boulevard Hotel, Los Angeles, CA. Management is scheduled to present at 8:30 a.m.

Peraso to Present at the LD Micro Main Event XVII Conference on October 30

SAN JOSE, CA / ACCESSWIRE / October 15, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions and Richardson RFPD, today announced that they will be hosting a webinar, "mmWave 60 GHz for ADEF Tactical Applications," on October 24, 2024. This virtual event will provide valuable insights while exploring the strategic benefits and unique capabilities of 60 GHz mmWave technology for military and defense applications.

Peraso and Richardson RFPD to Host Webinar on Leveraging 60 GHz mmWave Technology for ADEF Tactical Applications

SAN JOSE, CA / ACCESSWIRE / October 15, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, is pleased to announce that Miliwave Co., Ltd. ("Miliwave") announced at WISPAPALOOZA its MWC-932 product as an addition to its AirPath 60 product line.

Miliwave Announces Ethernet Bridge mmWave Radio With 5km Range Based on Peraso 60 GHz Technology

SAN JOSE, CA / ACCESSWIRE / October 8, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced its participation at WISPAPALOOZA 2024, where the Company will be showcasing its innovative 60 GHz fixed wireless access (FWA) solutions designed to provide next-generation connectivity for wireless Internet service providers (WISPs). WISPAPALOOZA is one of the largest gatherings for WISPs in North America, offering attendees an unparalleled opportunity to explore cutting-edge solutions that enhance broadband delivery to residential and commercial customers.

Peraso to Showcase Several Customer Solutions at Wispapalooza 2024, Enhancing Position as the Leading 60GHz IC Supplier

SAN JOSE, CA / ACCESSWIRE / September 30, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the receipt of a purchase order for its DUNE platform from a wireless Internet service provider ("WISP") in Kenya. This order marks a step forward in the deployment of 60GHz technology in Africa.

Peraso Inc. Announces Purchase Order for DUNE Platform From Kenyan WISP

SAN JOSE, CA / ACCESSWIRE / September 25, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60GHz unlicensed and 5G licensed networks, today announced it plans to attend and participate at Futurecom 2024 where the Company will discuss its latest Dense Urban Network Environment (D.U.N.E.) solutions and advocate for the use of mmWave Fixed Wireless Access (FWA) in densely populated communities.

Peraso to Attend and Showcase the Advantages of 60 GHz Fixed Wireless Access at Futurecom 2024

SAN JOSE, CA / ACCESSWIRE / September 23, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leading provider in the wireless technology solutions market, announced the receipt of a purchase order for its High-Velocity Roaming ("HVR") technology. This technology enhances high-speed internet connectivity on moving trains and subways.

Peraso Inc. Announces Purchase Order for Advanced Roaming Technology in Korea With Continued Expansion Into Asia

SAN JOSE, CA / ACCESSWIRE / September 17, 2024 / Peraso Inc. (NASDAQ:PRSO) has announced a significant purchase order for its Perspectus module products, which are ideally suited for battlefield application. Leveraging Peraso's advanced 60 GHz mmWave RF technology, this system is intended to enhance situational awareness and communications for soldiers engaged in combat operations.

Peraso Inc. Secures Purchase Order for Military Use of mmWave Technology

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MIAMI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 74th Emerging Growth Conference on August 21 – 22, 2024.

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

SAN JOSE, CA / ACCESSWIRE / August 19, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced the Company's planned participation at the following investor conferences: Summer 2024 Investor Summit Date: Tuesday, August 20 Format: Virtual presentation at 3:00 p.m. Eastern Time and 1x1 meetings with investors registered to attend - Register Here Emerging Growth Conference Date: Wednesday, August 21 Format: Virtual presentation at 2:20 p.m.

Peraso to Participate at Upcoming Investor Conferences

Peraso Inc. (NASDAQ:PRSO ) Q2 2024 Earnings Conference Call August 12, 2024 4:30 PM ET Company Participants Jim Sullivan - Chief Financial Officer Ron Glibbery - Chief Executive Officer Conference Call Participants David Williams - Benchmark Jon Hickman - Ladenburg Kevin Liu - K. Liu & Company Operator Good afternoon, and welcome to Peraso Inc.'s Second Quarter 2024 Conference Call.

Peraso Inc. (PRSO) Q2 2024 Earnings Call Transcript

Peraso (PRSO) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $4.80 per share a year ago.

Peraso (PRSO) Reports Q2 Loss, Tops Revenue Estimates

Total Revenue Increased 50.5% Sequentially; GAAP Gross Margin Expanded to 55.5%, Non-GAAP to 68.8% SAN JOSE, CA / ACCESSWIRE / August 12, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced financial results for the second quarter ended June 30, 2024. Management Commentary "As we previewed in our announced preliminary results in mid-July, second quarter revenue of $4.2 million exceeded our original guidance and represented growth of over 50% sequentially and over 70% year-over-year," stated Ron Glibbery, CEO of Peraso.

Peraso Announces Second Quarter 2024 Results

SAN JOSE, CA / ACCESSWIRE / August 7, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced plans to develop custom intellectual property (IP) and millimeter-wave (mmWave) solutions for Wi-Fi 8, as well as future IEEE standards. As a continuation of the success of Wi-Fi in unlicensed frequency bands, the IEEE 802.11 Working Group passed a motion to recommend to the IEEE Standards Executive Committee the development of an amendment to IEEE 802.11 to specify the inclusion of mmWave support in mainstream Wi-Fi.

Peraso Announces Plans to Commence Development of Custom IP and mmWave Wireless Technologies for Wi-Fi 8 and Future IEEE Standards

Peraso (PRSO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Peraso (PRSO) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

SAN JOSE, CA / ACCESSWIRE / July 31, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced that it will release its second quarter 2024 financial results on Monday, August 12, 2024, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.

Peraso to Announce Second Quarter 2024 Financial Results

Peraso (PRSO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

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