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Peraso Q2 2024 Earnings Report

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$0.87 +0.01 (+1.37%)
(As of 12/20/2024 05:45 PM ET)

Peraso EPS Results

Actual EPS
-$1.37
Consensus EPS
-$0.73
Beat/Miss
Missed by -$0.64
One Year Ago EPS
N/A

Peraso Revenue Results

Actual Revenue
$4.24 million
Expected Revenue
$4.20 million
Beat/Miss
Beat by +$40.00 thousand
YoY Revenue Growth
N/A

Peraso Announcement Details

Quarter
Q2 2024
Time
N/A

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Peraso Earnings Headlines

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Peraso regains Nasdaq compliance with equity boost
Peraso Inc. Reports Q3 2024 Financial Results
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About Peraso

Peraso (NASDAQ:PRSO), a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.

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