Peraso’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) reported Q3 ‘23 results well above expectations driven by the initial shipments of memory IC products against a large backlog of end-of-life (EOL) purchase orders.
Read MorePeraso (PRSO) reports Q2 ’23 results after the close next Monday, August 14. We expect the print to be largely in line with our projections, which are slightly above consensus.
Read MoreAfter the close yesterday, Peraso (PRSO) announced that the company has priced a registered direct offering of approximately 5.7 million shares of its common stock at an offering price of $0.70 per share.
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