Peraso Inc. (PRSO)

NASDAQ: PRSO · IEX Real-Time Price · USD
0.580
-0.020 (-3.40%)
Mar 24, 2023, 4:30 PM EDT - Market closed
-3.4%
Market Cap 9.24M
Revenue (ttm) 12.82M
Net Income (ttm) -24.43M
Shares Out 15.95M
EPS (ttm) -2.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 22,639
Open 0.610
Previous Close 0.600
Day's Range 0.560 - 0.645
52-Week Range 0.510 - 2.690
Beta 2.30
Analysts Buy
Price Target 2.68 (+362.23%)
Earnings Date May 8, 2023

About PRSO

Peraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. It focuses on development of millimeter wavelength (mmWave) for the 60 gigahertz, spectrum, and for 5G cellular networks. The company's products include mmWave ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput i... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 28, 2001
Employees 82
Stock Exchange NASDAQ
Ticker Symbol PRSO
Full Company Profile

Financial Performance

In 2021, Peraso's revenue was $5.68 million, a decrease of -37.52% compared to the previous year's $9.09 million. Losses were -$10.91 million, -28.55% less than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PRSO stock is "Buy." The 12-month stock price forecast is $2.68, which is an increase of 362.23% from the latest price.

Price Target
$2.68
(362.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Peraso (PRSO) Reports Q4 Loss, Lags Revenue Estimates

Peraso (PRSO) delivered earnings and revenue surprises of 23.53% and 0.33%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

4 days ago - Zacks Investment Research

Peraso Announces Fourth Quarter and Full Year 2022 Results

Fourth Quarter Product Revenue Increased 25% Sequentially and Over 100% Year-over-Year Total Revenue for the Full Year Increased 160% Year-over-Year SAN JOSE, CA / ACCESSWIRE / March 22, 2023 / Peraso...

4 days ago - Accesswire

Peraso to Announce Fourth Quarter and Full Year 2022 Financial Results

SAN JOSE, CA / ACCESSWIRE / March 20, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced it wil...

6 days ago - Accesswire

Peraso Announces Cost Reduction Initiatives

Reports Preliminary Fourth Quarter Revenue of Approximately $3.9 Million SAN JOSE, CA / ACCESSWIRE / February 16, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave techn...

1 month ago - Accesswire

Peraso to Attend WISPAMERICA Louisville

SAN JOSE, CA / ACCESSWIRE / January 26, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60GHz unlicensed and 5G licensed networks, is pleased to announc...

2 months ago - Accesswire

Peraso to Attend MWC Barcelona

SAN JOSE, CA / ACCESSWIRE / January 19, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, announced tha...

2 months ago - Accesswire

Peraso to Present at the Oppenheimer 5G Summit on December 13

SAN JOSE, CA / ACCESSWIRE / December 6, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced the Company will participate at the...

3 months ago - Accesswire

Peraso (PRSO) Upgraded to Buy: What Does It Mean for the Stock?

Peraso (PRSO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

4 months ago - Zacks Investment Research

Peraso to Deliver Partner Keynote at FWA Summit

SAN JOSE, CA / ACCESSWIRE / November 29, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, is pleased to announce its plans to attend and participate at FWA S...

4 months ago - Accesswire

Peraso Announces $2.45 Million Registered Direct Offering

SAN JOSE, CA / ACCESSWIRE / November 28, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company") today announced that it has entered into a securities purchase agreement with an institutional inv...

4 months ago - Accesswire

Peraso to Attend the Benchmark Company's Upcoming Discovery One-on-One Investor Conference

SAN JOSE, CA / ACCESSWIRE / November 22, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced the Company will participate at th...

4 months ago - Accesswire

Peraso Announces Third Quarter 2022 Results

Total Revenue Increased 63% Year-over-Year; Ended Quarter with Record Order Backlog SAN JOSE, CA / ACCESSWIRE / November 14, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in m...

4 months ago - Accesswire

Peraso to Announce Third Quarter 2022 Financial Results

SAN JOSE, CA / ACCESSWIRE / November 11, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, today announced it will release its third quarter ...

4 months ago - Accesswire

Peraso Appoints Mark Lunsford as Chief Revenue Officer

SAN JOSE, CA / ACCESSWIRE / October 25, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, announced today that it has named Mark Lunsford to ...

5 months ago - Accesswire

Peraso to Attend and Demo at European Microwave Week and MWC Las Vegas

SAN JOSE, CA / ACCESSWIRE / September 20, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in mmWave technology for 5G networks, plans to attend and demonstrate its new, 5G mmWave module at two l...

6 months ago - Accesswire

Peraso Announces Second Quarter 2022 Results

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...

7 months ago - Accesswire

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

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 ord...

8 months ago - Accesswire

Peraso to Announce Second Quarter 2022 Financial Results

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 res...

8 months ago - Accesswire

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

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 Service...

9 months ago - Accesswire

Peraso Announces Global Distribution Agreement With Leading Wireless Distributor Richardson RFPD

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...

10 months ago - Accesswire

Peraso to Participate in Upcoming Investor Conferences

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 foll...

10 months ago - Accesswire

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

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 Taiwan...

10 months ago - Accesswire

Peraso Announces First Quarter 2022 Results

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 ...

11 months ago - Accesswire

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

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...

11 months ago - Accesswire

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

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 schedu...

11 months ago - Accesswire