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.

Earnings data Q1 2021

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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, Inc. (NASDAQ:PRSO ) Q2 2022 Earnings Conference Call August 15, 2022 5:00 PM ET Company Participants James Sullivan - CFO Ron Glibbery - Co-Founder, SVP, Corporate Development, CEO & Director Conference Call Participants David Williams - Benchmark Kevin Liu - K. Liu & Company Operator Good afternoon, and welcome to Peraso Inc.'s Second Quarter 2022 Conference Call [Operator Instructions].

Peraso, Inc. (PRSO) CEO Ron Glibbery on Q2 2022 Results - Earnings Call Transcript

Total Revenue Increased 25% Sequentially, Driven by Strong Product Revenue Growth SAN JOSE, CA/ ACCESSWIRE / August 15, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced financial results for the second quarter ended June 30, 2022. Management Commentary "Our second quarter was highlighted by strong revenue growth as we continued to ramp our mmWave solutions in the fixed wireless access (FWA) market, specifically for the unlicensed 60 GHz spectrum," commented Ron Glibbery, CEO of Peraso.

Peraso Announces Second Quarter 2022 Results

SAN JOSE, CA / ACCESSWIRE / August 4, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced the Company has received purchase orders from multiple leading Fixed Wireless Access (FWA) customers totaling $6.4 million. These orders include a combination of Peraso's mmWave silicon and PERSPECTUS™ family of FWA modules, both of which enable multi-gigabit access and point-to-multipoint capabilities for delivering high-bandwidth connectivity with industry-leading efficiency.

Peraso Receives Customer Orders Totaling $6.4M for mmWave Fixed Wireless Access Market

SAN JOSE, CA / ACCESSWIRE / August 3, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced it will release its second quarter 2022 financial results on Monday, August 15, 2022, after the market closes. Ron Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call at 2:00 p.m.

Peraso to Announce Second Quarter 2022 Financial Results

SAN JOSE, CA / ACCESSWIRE / June 23, 2022 / Peraso Inc. (NASDAQ:PRSO) (Peraso®), a leader in mmWave technology, today announced thatKnowledge Resources GmbH, a sophisticated Electronics Design Services company located in Basel, Switzerland, is now using Peraso's Bandwidth Engine 3 (BE-3) memory solution for its latest FPGA acceleration card. Knowledge Resources is previewing its KRM-20MSX module at Embedded World 2022, Hall 3A, Booth #335, June 21-23, Nurenberg, Germany.

Peraso Announces Knowledge Resources Has Chosen BE-3 Memory IC for FPGA Acceleration

SAN JOSE, CA / ACCESSWIRE / June 7, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, today announced a distribution agreement that enables Richardson RFPD, a global leader in the RF, wireless, IoT and power technologies markets, to sell Peraso's RF products on a global basis. Peraso's product offerings include the PERSPECTUS™ and PRO module product families, a new generation of integrated 60GHz modules operating in the unlicensed 57-71 GHz V-band spectrum and enabling rapid deployment in both private and public 5G applications.

Peraso Announces Global Distribution Agreement With Leading Wireless Distributor Richardson RFPD

SAN JOSE, CA / ACCESSWIRE / May 25, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced the Company's participation at the following investor conferences: Loop Capital Markets' 2022 Investor Conference | Virtual Date: Wednesday, June 1 Format: 1x1 virtual meetings with investors throughout the day LD Micro Invitational XII Conference | Four Seasons Hotel, Westlake Village, CA Date: Wednesday, June 8 Format: Presentation at 9:30 a.m. PT and 1x1 meetings throughout the dayWebcast: A live and archived broadcast of management's presentation and any associated supporting materials may be accessed by visiting the Investor Relations section of the Company's website at www.perasoinc.com.

Peraso to Participate in Upcoming Investor Conferences

SAN JOSE, CA / ACCESSWIRE / May 23, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, today announced that Jorjin Technologies Inc. (Jorjin), a leading Taiwanese manufacturer of innovative AR (Augmented Reality) Glasses, successfully demonstrated seamless wireless video transmission using AR Glasses at COMPUTEX TAIPEI 2022. Jorjin demonstrated its J-Reality J7EF AR Glasses system that utilizes the Peraso X130 mmWave chipset, which is fully compliant with the IEEE802.11ad standard.

Peraso and Jorjin Technologies Demonstrate mmWave-enabled AR Solution at COMPUTEX TAIPEI 2022

Peraso Inc. (NASDAQ:PRSO ) Q1 2022 Earnings Conference Call May 9, 2022 4:30 PM ET Company Participants Jim Sullivan - Chief Financial Officer Ron Glibbery - Chief Executive Officer Conference Call Participants David Williams - Benchmark Operator Good afternoon, and welcome to Peraso, Inc.'s First Quarter 2022 Conference Call. At this time, all participants are in a listen-only mode.

Peraso, Inc.'s (PRSO) CEO Ron Glibbery on Q1 2022 Results - Earnings Call Transcript

Product Revenue Increased 205% Year-Over-Year SAN JOSE, CA / ACCESSWIRE / May 9, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Results Total net revenue for the first quarter of 2022 was $3.4 million, which included the first full quarter of revenue contribution from MoSys, Inc. ("MoSys") following the closing of the business combination in December 2021, compared with $1.1 million in the same quarter a year ago and $1.9 million in the prior quarter, which included two weeks of revenue from MoSys.

Peraso Announces First Quarter 2022 Results

Single Device Supports 24-44 GHz Band, Including Integration of 32 Dual-Band Channels SAN JOSE, CA / ACCESSWIRE / May 5, 2022 / Peraso Inc. (NASDAQ:PRSO) (Peraso), a leader in mmWave technology, today announced its new PRS1520 mmWave beamformer integrated circuit (IC). Combining a high level of integration with superior performance in a single device, the PRS1520 is anticipated to provide service providers with the opportunity to achieve a material reduction in their cost per subscriber.

Peraso Announces World's Most Integrated, Dual-Band 5G Beamformer IC Targeted at End-User Equipment

SAN JOSE, CA / ACCESSWIRE / May 2, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, today announced that Ron Glibbery, CEO, and Jim Sullivan, CFO, are scheduled to present at the Sidoti Micro Cap Virtual Conference on May 11 at 1:45 p.m. ET. Management will also host meetings with participating investors throughout the day during this virtual event.

Peraso to Present at the Sidoti Micro Cap Conference on May 11

SAN JOSE, CA / ACCESSWIRE / April 25, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced it will release its first quarter 2022 financial results on Monday, May 9, 2022, after the market closes. Ron Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call at 1:30 p.m.

Peraso to Announce First Quarter 2022 Financial Results

60 GHz Modules with Enhanced 802.11ad/ay Protocol Provide Industry-Leading Efficiency for Point-to-Multipoint, Multi-Gigabit FWA SAN JOSE, CA / ACCESSWIRE / April 7, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, today announced its new PERSPECTUS™ family of modules enabling high-capacity, Fixed Wireless Access (FWA) networks in the unlicensed 60 GHz spectrum. The PERSPECTUS product family includes a new generation of integrated 60 GHz modules and enhanced software for point-to-multipoint FWA applications.

Peraso Announces PERSPECTUS Family of Modules for mmWave Fixed Wireless Access

Peraso, Inc. (PRSO) CEO Ron Glibbery on Q4 2021 Results - Earnings Call Transcript

Fourth Quarter Product Revenue Up Greater Than 6X Year-Over-Year Listed on Nasdaq through Business Combination with MoSys in December 2021 SAN JOSE, CA / ACCESSWIRE / March 8, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in high-performance, 5G mmWave wireless technology and provider of chipsets, modules, software and IP, today announced financial results for the fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Financial Results Total net revenue for the fourth quarter of 2021 was $1.9 million, which included two weeks of revenue from MoSys, Inc. following the closing of the business combination in December 2021.

Peraso Inc. Announces Fourth Quarter and Full Year 2021 Results

SAN JOSE, CA / ACCESSWIRE / March 1, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in high-performance, 5G mmWave wireless technology and provider of chipsets, modules, software and IP, today announced it will release its fourth quarter 2021 financial results on Tuesday, March 8, 2022, after the market closes. Ron Glibbery, CEO of Peraso, and Jim Sullivan, CFO, will host a live audio webcast with slides and conference call at 2:00 p.m.

Peraso to Announce Fourth Quarter and Full Year 2021 Financial Results

Chipset Enables Truly Immersive High-Density, Multi-User AR/VR Environments SAN JOSE, CA / ACCESSWIRE / February 10, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") today announced the immediate availability of its 60 GHz mmWave platform targeted specifically for wireless applications in the Metaverse. The platform combines Peraso's 60 GHz wireless modules, 802.11ad/ay ICs, advanced phased array antennas and highly extensible Falcon software stack.

Peraso Introduces Groundbreaking mmWave Chipset Targeted at Metaverse

5G mmWave Networks Do Not Interfere With Aircraft Radar Altimeters SAN JOSE, CA / ACCESSWIRE / January 27, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a pioneer in high-performance, 5G mmWave wireless technology and provider of chipsets, modules, software and IP, commented on recent reports from US federal agencies on the potential for certain radio frequencies used for 5G networks to interfere with the operation of aircraft radar altimeters. The concern has focused on the potential for US carriers' 5G use of C-Band spectrum in the 3.7 - 3.98 GHz range to interfere with aircraft radio altimeters that operate in the 4.0 GHz - 4.2 GHz range.

Peraso Comments on Potential 5G Interference with Aircraft Radar Altimeters

Jaguar Wave Utilizes Peraso 60GHz X720 Chipset for 5G Backhaul SAN JOSE, CA / ACCESSWIRE / January 19, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a pioneer in high-performance, 5G mmWave wireless technology and provider of chipsets, modules, software and IP, announced that its wholly-owned subsidiary, Peraso Technologies Inc., and Jaguar Wave completed successful testing in the fourth quarter of 2021 of the Jaguar Wave PTP6151, a point-to-point mmWave radio unit utilized for backhaul of 5G base stations in China, with China Unicom (Shenzhen division). At the heart of the PTP6151 is the Peraso X720 chipset, which is fully compliant with the IEEE802.11ad standard.

China Unicom (Shenzhen division) Issues Corporate Seal to Peraso/Jaguar Wave Networking Product

First major design win for advanced point-to-multipoint solution SAN JOSE, CA / ACCESSWIRE / January 6, 2022 / Peraso Inc. (NASDAQ:PRSO) (Peraso), a pioneer in high-performance, 5G mmWave wireless technology and provider of chipsets, modules, software and IP, announced that its, wholly-owned subsidiary, Peraso Technologies Inc., received a US$3M purchase order in December 2020 from a tier 1, fixed wireless OEM for its PRM2140X 802.11ad mmWave phased array modules. The introduction of a point-to-multipoint (PtMP) module optimized for long-range, outdoor applications into the market is a major milestone for Peraso.

Peraso Receives US$3M Order to Supply 60 GHz Modules for Fixed Wireless Market

Combined Company to Capitalize on Significant Growth Opportunities in 5G Expected to Commence Trading on Nasdaq under the ticker symbol "PRSO" on December 20, 2021 SAN JOSE, CA and TORONTO, ON / ACCESSWIRE / December 21, 2021 / Peraso, Inc. (NASDAQ:PRSO), a provider of semiconductor solutions that enable fast, intelligent data access for cloud, networking, security and communications systems, and Peraso Technologies Inc., a global leader in the development of 5G mmWave silicon devices, today announced the closing of their previously announced business combination. The combined, publicly traded company will operate under the name Peraso Inc. ("Peraso" or the "Company"), and its shares of common stock are expected to begin trading on the Nasdaq Capital Market on December 20, 2021 under the ticker symbol PRSO.

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