Peraso Inc. (PRSO)
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]
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 StatementsAnalyst 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.
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?

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...

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...

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...

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...

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...

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...

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).

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...

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...

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...

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...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...