Peraso (PRSO) reported Q3 ‘24 results slightly below Street expectations. Although within management’s guidance, revenues were at the lower end of the range and a hair shy of our estimates and consensus.
Read MorePeraso (PRSO) reports Q3 ’24 results after the close on Tuesday, November 12. We remain comfortable with our estimates for the quarter, and we surmise the likely scenario is for upside versus our estimates and consensus given the purchase orders announced of late.
Read MorePeraso’s (PRSO) Q2 ‘24 results were generally consistent with the preliminary figures provided in mid-July. As previously announced, revenues exceeded the high-end of management’s original guidance for the quarter driven by strong sequential and Y/Y growth in both end-of-life (EOL) memory IC shipments and mmWave antenna modules.
Read MoreBefore market open yesterday, Peraso (PRSO) announced preliminary Q2 ‘24 revenue of $4.2 million, exceeding management’s guidance of $3.7-$4.0 million, our estimate of $3.8 million and consensus of $3.9 million.
Read MorePeraso (PRSO) reports Q1 ’24 results after the close on Monday, May 13. Given that management provided Q1 revenue guidance late in the quarter and the company’s large backlog of end-of-life (EOL) memory IC orders, we expect the results to meet our expectations, which are generally in line with consensus.
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