Peraso Inc. (PRSO)

NASDAQ: PRSO · Real-Time Price · USD
0.846
+0.020 (2.42%)
At close: Nov 20, 2024, 4:00 PM
0.811
-0.035 (-4.14%)
After-hours: Nov 20, 2024, 6:05 PM EST
2.42%
Market Cap 2.40M
Revenue (ttm) 12.73M
Net Income (ttm) -18.11M
Shares Out 2.83M
EPS (ttm) -8.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 121,199
Open 0.840
Previous Close 0.826
Day's Range 0.780 - 0.850
52-Week Range 0.730 - 11.200
Beta 1.13
Analysts Strong Buy
Price Target 3.38 (+299.53%)
Earnings Date Nov 12, 2024

About PRSO

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in the United States, Hong Kong, Taiwan, and internationally. The company’s products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits (IC), as well as associated antenna technology; and mmWave antenna modules for license-free 60 gigahertz (GHz) applications. It also provides memory products, comprising bandwidth engine ICs, which are memory-dominated ICs for hi... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 28, 2001
Employees 48
Stock Exchange NASDAQ
Ticker Symbol PRSO
Full Company Profile

Financial Performance

In 2023, Peraso's revenue was $13.75 million, a decrease of -7.53% compared to the previous year's $14.87 million. Losses were -$16.80 million, -48.16% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PRSO stock is "Strong Buy." The 12-month stock price forecast is $3.38, which is an increase of 299.53% from the latest price.

Price Target
$3.38
(299.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Peraso Inc. (PRSO) Q3 2024 Earnings Call Transcript

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 C...

8 days ago - Seeking Alpha

Peraso Announces Third Quarter 2024 Results

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 thir...

8 days ago - Accesswire

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

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 particip...

14 days ago - Accesswire

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

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 agree...

15 days ago - Accesswire

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

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 ("S...

19 days ago - Accesswire

Peraso to Announce Third Quarter 2024 Financial Results

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 announc...

22 days ago - Accesswire

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

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 announce...

27 days ago - Accesswire

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

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 announ...

4 weeks ago - Accesswire

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 and Richardson RFPD, today announced that they w...

5 weeks ago - Accesswire

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

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. ...

5 weeks ago - Accesswire

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

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 WISPAPALOOZ...

6 weeks ago - Accesswire

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

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 ord...

7 weeks ago - Accesswire

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

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 announ...

2 months ago - Accesswire

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

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 purch...

2 months ago - Accesswire

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

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 appli...

2 months ago - Accesswire

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

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.

3 months ago - GlobeNewsWire

Peraso to Participate at Upcoming Investor Conferences

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 announce...

3 months ago - Accesswire

Peraso Inc. (PRSO) Q2 2024 Earnings Call Transcript

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 Cal...

3 months ago - Seeking Alpha

Peraso Announces Second Quarter 2024 Results

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"), ...

3 months ago - Accesswire

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

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...

3 months ago - Accesswire

Peraso to Announce Second Quarter 2024 Financial Results

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 ...

4 months ago - Accesswire

Tachyon Networks Announces New Fixed Wireless Products Based on Peraso 60 GHz mmWave Technology

SAN JOSE, CA / ACCESSWIRE / July 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 ...

4 months ago - Accesswire

Peraso Announces Preliminary Second Quarter 2024 Revenue Results Above Guidance

Stronger Than Anticipated Revenue Included First Volume Production Order for mmWave DUNE Platform Solution SAN JOSE, CA / ACCESSWIRE / July 16, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Compa...

4 months ago - Accesswire

Peraso To Participate at the 16th Annual CEO Investor Summit 2024

SAN JOSE, CA / ACCESSWIRE / June 10, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced Ron Glibbery, CEO...

5 months ago - Accesswire

Peraso Achieves ISO 9001:2015 Certification for Suite of mmWave Solutions

SAN JOSE, CA / ACCESSWIRE / June 4, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology, is proud to announce that it has achieved ISO 9001:2015 certific...

6 months ago - Accesswire