Announcement • Apr 29
Peraso Inc. to Report Q1, 2026 Results on May 11, 2026 Peraso Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026 Buy Or Sell Opportunity • Apr 27
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at US$0.98. The fair value is estimated to be US$1.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 104%. Revenue is forecast to grow by 30% in a year. Earnings are forecast to grow by 40% in the next year. Buy Or Sell Opportunity • Apr 07
Now 20% undervalued Over the last 90 days, the stock has risen 5.7% to US$0.99. The fair value is estimated to be US$1.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 104%. Revenue is forecast to grow by 30% in a year. Earnings are forecast to grow by 40% in the next year. Reported Earnings • Mar 18
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: US$0.67 loss per share (improved from US$3.57 loss in FY 2024). Revenue: US$12.2m (down 16% from FY 2024). Net loss: US$4.75m (loss narrowed 56% from FY 2024). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in the US. Announcement • Mar 12
Peraso Inc. to Report Q4, 2025 Results on Mar 16, 2026 Peraso Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 16, 2026 Buy Or Sell Opportunity • Mar 06
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 104% to US$2.04. The fair value is estimated to be US$1.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 19% in a year. Earnings are forecast to grow by 50% in the next year. Announcement • Dec 24
Peraso Inc. Appoints Cees Links to Board of Directors, Effective December 22, 2025 Peraso Inc. announced the appointment of veteran wireless entrepreneur and technology executive, Cees Links, to its board of directors, effective immediately following the Company's annual meeting of stockholders held on December 22, 2025. Since January 2024, Links has served as chief executive officer of SuperLight Photonics B.V., a fabless photonics semiconductor company, which became Integrated Laser Photonics B.V. in October 2025. In 2004, Links founded GreenPeak Technologies B.V., a fabless semiconductor company focused on ultra-low power wireless solutions for Internet of Things ("IoT") applications and served as its chief executive officer until the company was acquired by Qorvo in 2016. Following the acquisition, he served in leadership roles at Qorvo involving Wi-Fi and IoT technology integration and related strategic initiatives until 2022. Prior to founding GreenPeak Technologies, Links held various management and technical positions at NCR, AT&T, Lucent Technologies and Agere Systems. Moreover, in 1999, while at Lucent Technologies, he oversaw the commercial collaboration with Apple to incorporate the first wireless networking functionality into consumer electronics products. During his esteemed career, Links has managed product programs and commercial activities for various wireless and semiconductor technologies related to the development of access points, home networking routers and hotspots. This experience included leading the pioneering team that established the IEEE802.11 wireless protocol, later becoming the Wi-Fi standard known and utilized worldwide today. Links holds a Bachelor of Science in Electrical Engineering and a Master of Science in Applied Mathematics from the University of Twente in the Netherlands. Major Estimate Revision • Dec 07
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$12.7m to US$12.5m. Losses expected to increase from US$0.70 per share to US$0.81. Semiconductor industry in the US expected to see average net income growth of 38% next year. Consensus price target of US$2.82 unchanged from last update. Share price rose 7.2% to US$1.00 over the past week. Announcement • Nov 26
Peraso Inc., Annual General Meeting, Dec 22, 2025 Peraso Inc., Annual General Meeting, Dec 22, 2025. Announcement • Nov 22
Peraso Inc. Announces Not Stand for Re-Election of Ian McWalter to the Board On November 20, 2025, Ian McWalter provided written notice to the secretary of Peraso Inc. (Company) that, in connection with his planned retirement, he will not stand for re-election as a director of the company upon the expiration of his current term, which expires at the company’s 2025 annual meeting of stockholders. Mr. McWalter currently serves as a member of the Board and the Board’s Audit Committee and Compensation Committee. Mr. McWalter’s retirement and decision to stand for re-election was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Reported Earnings • Nov 14
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: US$0.17 loss per share (improved from US$0.98 loss in 3Q 2024). Revenue: US$3.23m (down 16% from 3Q 2024). Net loss: US$1.21m (loss narrowed 55% from 3Q 2024). Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the US. Announcement • Oct 28
Peraso Inc. to Report Q3, 2025 Results on Nov 10, 2025 Peraso Inc. announced that they will report Q3, 2025 results After-Market on Nov 10, 2025 Announcement • Sep 22
Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement Peraso Inc. ("Peraso" or the "Company") announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price continued listing requirement. The letter noted that, as of September 18, 2025, the Company evidenced a closing bid price of its common stock in excess of the $1.00 minimum requirement for the last 10 consecutive trading days. Accordingly, the Company has regained compliance with Nasdaq Marketplace Rule 5550(a)(2) and Nasdaq considers the matter closed. Price Target Changed • Sep 18
Price target decreased by 10% to US$3.00 Down from US$3.35, the current price target is provided by 1 analyst. New target price is 170% above last closing price of US$1.11. The company is forecast to post a net loss per share of US$1.00 next year compared to a net loss per share of US$3.57 last year. New Risk • Sep 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$4.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.4m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Market cap is less than US$10m (US$7.54m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$3.8m net loss next year). Announcement • Sep 06
Peraso Inc. Receives Non-Compliance Letter from the Listing Qualifications Staff of the Nasdaq Stock Market On September 5, 2025, Peraso Inc. (the Company") received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq") indicating that, based upon the closing bid price of the Company's common stock (Common Stock") for the 30 consecutive business days ending on September 4, 2025, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a period of 180 calendar days, or until March 4, 2026, in which to regain compliance. In order to regain compliance with the minimum bid price requirement, the closing bid price of the Company's Common Stock must be at least $1 per share for a minimum of ten consecutive business days during this 180-day period. In the event the Company does not regain compliance within this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days provided it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and further provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its Common Stock will be subject to delisting. The above mentioned letter does not result in the immediate delisting of the Company's Common Stock from the Nasdaq Capital Market. The Company is monitoring the closing bid price of its Common Stock and considering its available options in the event the closing bid price of the Company's Common Stock remains below $1 per share. New Risk • Sep 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 23% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Market cap is less than US$10m (US$5.09m market cap). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$4.4m). Currently unprofitable and not forecast to become profitable over next 2 years (US$2.7m net loss in 2 years). Reported Earnings • Aug 15
Second quarter 2025 earnings released: US$0.31 loss per share (vs US$1.88 loss in 2Q 2024) Second quarter 2025 results: US$0.31 loss per share (improved from US$1.88 loss in 2Q 2024). Revenue: US$2.22m (down 48% from 2Q 2024). Net loss: US$1.83m (loss narrowed 59% from 2Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US. Announcement • Jul 30
Peraso Inc. to Report Q2, 2025 Results on Aug 11, 2025 Peraso Inc. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025 Announcement • Jun 26
Mobix Labs, Inc. (NasdaqCM:MOBX) proposed to acquire Peraso Inc. (NasdaqCM:PRSO). Mobix Labs, Inc. (NasdaqCM:MOBX) proposed to acquire Peraso Inc. (NasdaqCM:PRSO) on June 12, 2025. Under the proposed terms, Mobix will exchange newly issued MOBX common shares for each PRSO share. Reported Earnings • May 14
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: US$0.098 loss per share (improved from US$1.07 loss in 1Q 2024). Revenue: US$3.87m (up 37% from 1Q 2024). Net loss: US$471.0k (loss narrowed 77% from 1Q 2024). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 74%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in the US. Announcement • May 06
Peraso Inc. to Report Q1, 2025 Results on May 12, 2025 Peraso Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025 Announcement • Apr 05
Peraso Receives A Non-Compliance Letter from the Listing Qualifications Staff of the Nasdaq Stock Market On April 4, 2025, Peraso Inc. received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock (“Common Stock”) for the 30 consecutive business days ending on April 3, 2025, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a period of 180 calendar days, or until October 1, 2025, in which to regain compliance. In order to regain compliance with the minimum bid price requirement, the closing bid price of the Company’s Common Stock must be at least $1 per share for a minimum of ten consecutive business days during this 180-day period. In the event the Company does not regain compliance within this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days provided it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and further provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its Common Stock will be subject to delisting. The above mentioned letter does not result in the immediate delisting of the Company’s Common Stock from the Nasdaq Capital Market. The Company is monitoring the closing bid price of its Common Stock and considering its available options in the event the closing bid price of the Company’s Common Stock remains below $1 per share. Major Estimate Revision • Mar 26
Consensus EPS estimates upgraded to US$2.34 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$2.75 to -US$2.34 per share. Revenue forecast steady at US$15.6m. Semiconductor industry in the US expected to see average net income growth of 22% next year. Consensus price target up from US$3.35 to US$3.46. Share price fell 3.5% to US$0.80 over the past week. Breakeven Date Change • Mar 23
No longer forecast to breakeven The 3 analysts covering Peraso no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.23m in 2027. New consensus forecast suggests the company will make a loss of US$2.24m in 2027. New Risk • Mar 21
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$11m Forecast net loss in 3 years: US$2.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (329% increase in shares outstanding). Market cap is less than US$10m (US$2.84m market cap). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$2.2m net loss in 3 years). Reported Earnings • Mar 20
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: US$3.57 loss per share (improved from US$26.00 loss in FY 2023). Revenue: US$14.6m (up 6.0% from FY 2023). Net loss: US$10.7m (loss narrowed 36% from FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 37%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in the US. Announcement • Mar 12
Peraso Inc. to Report Q4, 2024 Results on Mar 19, 2025 Peraso Inc. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025 Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Co-Founder, CEO & Director Ron Glibbery was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Dec 31
Forecast to breakeven in 2027 The 3 analysts covering Peraso expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$1.23m in 2027. Average annual earnings growth of 56% is required to achieve expected profit on schedule. New Risk • Dec 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (362% increase in shares outstanding). Market cap is less than US$10m (US$3.34m market cap). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$358k net loss in 3 years). Announcement • Nov 22
Peraso Inc., Annual General Meeting, Dec 20, 2024 Peraso Inc., Annual General Meeting, Dec 20, 2024. Announcement • Nov 19
Peraso Provides Compliance Update Regarding Nasdaq’s Minimum Stockholders’ Equity Requirement under Nasdaq Listing Rule 5550(b)(1) On November 13, 2024, Peraso Inc. (the ‘Company’) notified The Nasdaq Stock Market LLC (‘Nasdaq’) that, as of September 30, 2024, its stockholders’ equity was below Nasdaq’s $2.5 million minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1) (the ‘Stockholders’ Equity Requirement’). In the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the ‘10-Q’), the Company reported stockholders’ equity as of September 30, 2024 of approximately $2,026,000. As previously disclosed by the Company in its Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the ‘SEC’) on November 5, 2024, the Company entered into inducement offer letter agreements (the ‘Inducement Letters’) with certain holders (the ‘Holders’) of existing Series B warrants (the ‘Existing Warrants’) to purchase up to an aggregate of 2,246,030 shares of the Company’s common stock, having an original exercise price of $2.25 per share, issued to the Holders on February 8, 2024. Pursuant to the Inducement Letters, the Holders agreed to exercise for cash their Existing Warrants at a reduced exercise price of $1.30 per share in consideration for the Company’s agreement to issue in a private placement new Series C common stock purchase warrants to purchase an aggregate of 2,246,030 shares of common stock and new Series D common stock purchase warrants to purchase an aggregate of 2,246,030 shares of common stock (the ‘Warrant Inducement Offering’). As previously disclosed by the Company in the 10-Q, as a result of the Company’s receipt of net proceeds of approximately $2.6 million from the Warrant Inducement Offering, the Company’s stockholders’ equity is now in excess of $2.5 million. Accordingly, as of the date of this report, the Company believes that it has regained compliance with the Stockholders’ Equity Requirement as a result of the Warrant Inducement Offering. Nasdaq will continue to monitor the Company’s ongoing compliance with the Stockholders’ Equity Requirement, and, if at the time of its next periodic report the Company does not evidence compliance with the Stockholders’ Equity Requirement, the Company may be subject to delisting by Nasdaq. Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: US$0.98 loss per share (further deteriorated from US$0.87 loss in 3Q 2023). Revenue: US$3.84m (down 14% from 3Q 2023). Net loss: US$2.71m (loss widened 335% from 3Q 2023). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 1.0%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the US. Announcement • Nov 14
Peraso Inc. Provides Revenue Guidance for the Fourth Quarter of 2024 Peraso Inc. provided revenue guidance for the fourth quarter of 2024. For the quarter, the company expects total net revenue to be in the range of $3.6 million to $4.0 million. Announcement • Nov 07
Peraso Inc. to Highlight the Power of 60 GHz Fixed Wireless Access for Dense Urban Networks at Africa Tech Festival Peraso Inc. announced it plans to attend and participate in the 2024 AfricaTech Festival. During the show, Peraso will collaborate with leading experts in the telecom industry to exchange insights, foster connections and advocate for the adoption of mmWave Fixed Wireless Access (FWA) in dense populated areas, helping to accelerate Africa's digital transformation. Peraso representatives will attend the show in Cape Town, South Africa, November 11-14, 2024, as part of the Canadian Pavilion at booth# D2, hosted by the Canadian Trade Commissioner Service (TCS). During the show, PerasO will showcase its cutting-edge 60 GHz FWA mmWave technology, which is well suited to address the growing demand for broadband connectivity in Africa. Peraso's robust, high-performance and ultra-low-latency solutions are designed to enable fast, reliable communications in both rural and highly dense environments. Peraso has been a pioneer of high-performance mmWave phased array solutions for more than a decade. As one of the only providers of solutions for all mmWave communication bands (24GHz - 71GHz), Peraso's technology is attractive to wireless Internet service providers of all sizes. The Company's fully integrated, unlicensed 60 GHz solutions play a pivotal role in the FWA market as a means of bringing gigabit wireless broadband to areas and communities that have traditionally been underrepresented. Perasojoins a diverse group of innovative Canadian technology companies in a unique global initiative aimed at fostering collaboration between African and Canadian businesses. Members of Peraso'smanagement will be available at the show to meet with journalists, analysts, OEMs, ODMs and service providers. Announcement • Oct 08
Peraso Inc. to Showcase Several Customer Solutions At Wispapalooza 2024 Peraso Inc. announced its participation at WISPAPALOOZA 2024, where the Company will be showcasing its innovative 60 GHz fixed wireless access (FWA) solutions designed to provide next-generation connectivity for wireless Internet service providers (WISPs). WISPAPALOOZA is one of the largest gatherings for WISPs in North America, offering attendees an unparalleled opportunity to explore cutting-edge solutions that enhance broadband delivery to residential and commercial customers. Representatives from Peraso will attend the show in Las Vegas, October 14 - 17, 2024 where they will feature the Company's 60 GHz FWA solutions and discuss how Peraso is leveraging its expertise in mmWave technology to deliver high-speed, low-latency internet access to the masses. The 60 GHz frequency band offers distinct advantages over other industry solutions, including wide bandwidth, minimal interference and the ability to support gigabit-level speeds. Peraso's FWA solutions are designed to enhance network capacity, reduce deployment costs and offer flexible, reliable coverage for both urban and rural settings. Peraso has been a pioneer in high-performance mmWave phased array solutions for over a decade. Attendees at WISPAPALOOZA 2024 are invited to visit Perasobooth #638 to meet members of the executive team and experience live demonstrations of the Company's mmWave technology. Additionally, Peraso will also be showcasing partner solutions from industry leaders, including: Jaguar Wave; Ketsen; Miliwave; Tachyon Networks; Zinwell. Announcement • Aug 31
Peraso Inc. has filed a Follow-on Equity Offering in the amount of $1.425 million. Peraso Inc. has filed a Follow-on Equity Offering in the amount of $1.425 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Aug 13
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: US$1.88 loss per share. Revenue: US$4.24m (up 76% from 2Q 2023). Net loss: US$4.43m (loss widened 8.3% from 2Q 2023). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US. Announcement • Aug 13
Peraso Inc. Provides Revenue Guidance for the Third Quarter and Second Half of 2024 Peraso Inc. provided Revenue Guidance for the Third Quarter and second half of 2024. The company expects total net revenue for the third quarter of 2024 to be in the range of $3.8 million to $4.2 million.
The company expects total revenue for the second half of 2024 to increase over the first half of the year, while also representing revenue growth year-over-year. Announcement • Jul 31
Peraso Inc. to Report Q2, 2024 Results on Aug 12, 2024 Peraso Inc. announced that they will report Q2, 2024 results After-Market on Aug 12, 2024 Recent Insider Transactions • Jun 14
Independent Director recently bought US$127k worth of stock On the 11th of June, Ian McWalter bought around 100k shares on-market at roughly US$1.27 per share. This transaction increased Ian's direct individual holding by 25x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 15
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: US$1.07 loss per share (improved from US$5.84 loss in 1Q 2023). Revenue: US$2.82m (down 44% from 1Q 2023). Net loss: US$2.03m (loss narrowed 36% from 1Q 2023). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in the US. Announcement • May 15
Peraso Inc. Provides Revenue Guidance for the Second Quarter of 2024 Peraso Inc. provided revenue guidance for the second quarter of 2024. For the quarter, the Company expects total net revenue to be in the range of $3.7 million to $4.0 million. Announcement • May 01
Peraso Inc. to Report Q1, 2024 Results on May 13, 2024 Peraso Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024 New Risk • Apr 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 180% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (180% increase in shares outstanding). Market cap is less than US$10m (US$3.11m market cap). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$12m net loss in 2 years). Announcement • Mar 26
Peraso Inc. Announces mmWave Platform for Stealthy Tactical Communications Peraso Inc. announced a new wireless platform utilizing the Company's proven mmWave product line for secure tactical communications. This new solution creates an opportunity for Peraso to expand into new markets while also showcasing the practical application benefits of 60 GHz mmWave within the defense sector. Peraso'sPRM2136 module offers support for high bandwidth, low latency applications using unlicensed mmWave spectrum and guarantees a high bandwidth connection between the users. Because it operates in the 60 GHz band, there is no interference from traditional Wi-Fi devices operating in the 2.4 and 5 GHz bands. The use of directional beamforming technology, the propagation characteristics of 60GHz signals and advanced software features from Peraso help mitigate interference from other IEEE 802.11ad devices. Peraso's 60 GHz modules enable multi-gigabit data transfer rates, which can be especially important in military operations where sharing real-time data is essential. One key advantage of the Company's technology is the ability to create small, lightweight and power-efficient solutions that are ideally suited for tactical, standalone military applications. Additionally, the PRM2136 delivers adaptive beamforming and narrow "pencil" beams that allow for highly directional communications, which are inherently stealthy with low probability of Interception (LPI), Low Probability of Detection (LPD) and are anti-jamming (AJ). Peraso's PRM2136 module employs the PRS1145 and PRS4601 integrated circuits ("ICs") to implement a low cost, low power, high performance SuperSpeed USB 3.0 to IEEE 802.11ad 60 GHz mmWave system. The PRM2136 also provides multi-gigabit throughput with the ability to power applications such as secure tactical networking, wireless AR/VR, wireless displays, wireless docking, and wireless access to the cloud, which can now be much more effective and efficient using 60GHz technology. Reported Earnings • Mar 20
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: US$26.00 loss per share (improved from US$64.47 loss in FY 2022). Revenue: US$13.7m (down 7.5% from FY 2022). Net loss: US$16.8m (loss narrowed 48% from FY 2022). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US. Announcement • Mar 14
Peraso Inc. to Report Q4, 2023 Results on Mar 18, 2024 Peraso Inc. announced that they will report Q4, 2023 results After-Market on Mar 18, 2024 Announcement • Feb 20
Peraso Inc. Announces EtherWaveTM, a Driverless Solution for Android Mobile Platforms Peraso Inc. announced the scheduled availability of its EtherWaveTM software package supporting the Company's 60 GHz IEEE 802.11ad module products. This solution provides cross platform support, enabling the modules to be used with host devices running Android, Windows and Linux. EtherWave provides support for the standardized Communication Device Class ("CDC") Network Control Module ("NCM") interface which is natively supported on most personal computing platforms. CDC NCM provides for a more efficient method for transporting Ethernet data over USB compared to previously established protocols, such as CDC ECM and EEM. CDC NCM will allow Peraso's wireless adapter USB 3.0 connection to communicate with the host device without installation of device specific drivers and to expand the range of devices which can utilize 60 GHz wireless for multi-gigabit connectivity. The Company anticipates that its customers will use the EtherWave software package for applications such as AR/VR and tactical communications, among others. EtherWave is in pre-release testing with customers now, and Peraso expects to have general availability supporting Android by the end of second quarter of 2024. Peraso provides its technology worldwide through system vendors in North America, Asia and Europe and component distributors, including Richardson RFPD. Announcement • Feb 08
Peraso Inc. has completed a Follow-on Equity Offering in the amount of $3.998571 million. Peraso Inc. has completed a Follow-on Equity Offering in the amount of $3.998571 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 480,000
Price\Range: $2.1
Discount Per Security: $0.168
Security Name: Series A Warrants
Security Type: Equity Warrant
Securities Offered: 3,809,520
Security Name: Series B Warrants
Security Type: Equity Warrant
Securities Offered: 3,809,520
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 1,424,760
Price\Range: $2.099
Discount Per Security: $0.16792 Major Estimate Revision • Jan 30
Consensus EPS estimates upgraded to US$0.68 loss, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$15.1m to US$13.6m. 2023 losses expected to reduce from -US$18.40 to -US$0.68 per share. Semiconductor industry in the US expected to see average net income growth of 5.4% next year. Consensus price target down from US$40.00 to US$9.00. Share price fell 17% to US$5.26 over the past week. Announcement • Jan 25
Peraso Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year Ended December 31, 2023 Peraso Inc. provided revenue guidance for the fourth quarter and full year ended December 31, 2023. The company estimates its total revenue for the three months ended December 31, 2023, to be in the range of approximately $1.6 million to $1.9 million. The Company’s estimated royalty and other revenue for the three months ended December 31, 2023 is projected to be in the range of approximately $0.1 million to $0.4 million.The Company’s estimated total revenue for the year ended December 31, 2023 is projected to be in the range of approximately $13.6 million to $13.8 million. The Company’s estimated royalty and other revenue for the year ended December 31, 2023 is projected to be in the range of approximately $0.7 million to $0.9 million. Announcement • Jan 16
Peraso Inc. Announces Commercial Availability of DUNE Platform for Fixed Wireless Access Peraso Inc. announced commercial availability of its dense urban network environment ("DUNE") platform for Fixed Wireless Access ("FWA"). DUNE addresses the network access problems experienced in sprawling urban neighborhoods where conventional connectivity solutions are too costly, physically impractical, or saturated. Peraso expects to leverage the DUNE platform to expand its market opportunity and increase sales of its Perspectus family of mmWave modules for FWA. Since the introduction of 60 GHz mmWave in the FWA market, it has found acceptance in sub-urban and rural applications where its ability to provide multi-gigabit connectivity at ranges up to 8km has proven advantages over cable, fiber and other FWA solutions. With the introduction of DUNE, Peraso is expanding the capabilities of its Perspectus 60 GHz mmWave hardware and the IEEE 802.11ad based platform to address high population density environments. Quite frankly, operators are telling that DUNE solves problems that these operators have not been able to address with other wired, fiber or wireless technology. DUNE is a result of Peraso's decade long experience in mmWave technology and in-house development of the intellectual property incorporated in the MAC, PHY and drivers as well as novel antenna designs and beamforming algorithms. With an intimate knowledge of each layer of the system, the engineering team behind DUNE has taken a multi-level approach to reducing contention and interference by incorporating both physical, e.g. antenna and beamforming, and protocol level innovations. Benchmark testing with DUNE based networks has demonstrated near elimination of contention between neighboring, independent networks sharing the same frequency, allowing each network to operate at its full capacity. Additionally, in Peraso's testing, DUNE's dynamic traffic management has demonstrated up to a 48% increase in loaded Point-to-Multipoint network capacity over traditional CSMA, and higher peak single user throughput than strict TDMA for lightly loaded networks. Service latency is also extremely low with typical downstream latencies around 1 - 1.5ms and upstream less than 4ms for each user. Over the next year, Peraso intends to include additional features in upcoming firmware releases to facilitate network scalability and robustness. Peraso provides its technology worldwide through system vendors in North America, Asia and Europe and Peraso's component distributors, including Richardson RFPD. Announcement • Dec 23
Peraso Inc. has filed a Follow-on Equity Offering in the amount of $4.5 million. Peraso Inc. has filed a Follow-on Equity Offering in the amount of $4.5 million.
Security Name: Common Stock
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Security Name: Common Warrants
Security Type: Equity Warrant Announcement • Nov 21
Peraso Inc., Annual General Meeting, Dec 15, 2023 Peraso Inc., Annual General Meeting, Dec 15, 2023, at 08:00 Pacific Standard Time. Agenda: To elect five members of board of directors to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified, the nominees are Ronald Glibbery, Daniel Lewis, Ian McWalter, Andreas Melder and Robert Newell; to ratify the appointment of Weinberg & Company, P.A. as independent registered public accounting firm for the fiscal year ending December 31, 2023; to approve, on an advisory basis, the compensation of named executive officers; and to discuss other matters. Reported Earnings • Nov 16
Third quarter 2023 earnings released: US$21.79 loss per share (vs US$0.20 loss in 3Q 2022) Third quarter 2023 results: US$21.79 loss per share. Revenue: US$4.48m (up 36% from 3Q 2022). Net loss: US$623.0k (loss narrowed 85% from 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US. New Risk • Nov 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 33% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$8.8m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Market cap is less than US$10m (US$4.27m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$14m net loss next year). Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Nov 02
Peraso Inc. to Report Q3, 2023 Results on Nov 13, 2023 Peraso Inc. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023 Major Estimate Revision • Aug 22
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$19.5m to US$16.9m. Forecast losses increased from -US$0.70 to -US$0.75 per share. Semiconductor industry in the US expected to see average net income growth of 1.2% next year. Consensus price target down from US$1.50 to US$1.00. Share price was steady at US$0.34 over the past week. Reported Earnings • Aug 16
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2023 results: US$0.17 loss per share (improved from US$0.33 loss in 2Q 2022). Revenue: US$2.40m (down 44% from 2Q 2022). Net loss: US$4.09m (loss narrowed 42% from 2Q 2022). Revenue missed analyst estimates by 40%. Earnings per share (EPS) exceeded analyst estimates by 19%. Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in the US. Announcement • Aug 03
Peraso Receives 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Rule Peraso Inc. announced that the company received written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’), granting the company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5810(c)(3)(A) (the ‘Bid Price Rule’). The Company now has until January 29, 2024 to meet the requirement. If at any time prior to January 29, 2024, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its common stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a Hearings Panel pursuant to the procedures set in the applicable Nasdaq Listing Rules. However, there can be no assurance, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company will continue to monitor the closing bid price of its common stock and evaluate its available options to regain compliance with the Bid Price Rule. Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's common stock, which continues to trade on the Nasdaq Capital Market under the ticker symbol, ‘PRSO’. Announcement • Aug 01
Peraso Inc. to Report Q2, 2023 Results on Aug 14, 2023 Peraso Inc. announced that they will report Q2, 2023 results After-Market on Aug 14, 2023 New Risk • Jul 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 38% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$13m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Market cap is less than US$100m (US$11.7m market cap). New Risk • Jun 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.83m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Market cap is less than US$10m (US$9.83m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$13m net loss next year). Major Estimate Revision • Jun 23
Consensus EPS estimates fall by 312% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -US$0.17 to -US$0.70 per share. Revenue forecast of US$19.5m unchanged since last update. Semiconductor industry in the US expected to see average net income decline 15% next year. Consensus price target of US$1.50 unchanged from last update. Share price fell 23% to US$0.51 over the past week. Recent Insider Transactions • Jun 16
Independent Director recently bought US$63k worth of stock On the 9th of June, Ian McWalter bought around 100k shares on-market at roughly US$0.63 per share. This transaction increased Ian's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 17
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: US$0.15 loss per share (improved from US$0.34 loss in 1Q 2022). Revenue: US$5.03m (up 48% from 1Q 2022). Net loss: US$3.15m (loss narrowed 53% from 1Q 2022). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in the US. Reported Earnings • Mar 24
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: US$1.61 loss per share. Revenue: US$14.9m (up 162% from FY 2021). Net loss: US$32.4m (loss widened 197% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Semiconductor industry in the US. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.20 loss per share (vs US$0.73 loss in 3Q 2021) Third quarter 2022 results: US$0.20 loss per share. Revenue: US$3.29m (up 63% from 3Q 2021). Net loss: US$4.01m (loss widened 4.9% from 3Q 2021). Reported Earnings • Aug 17
Second quarter 2022 earnings released: US$0.33 loss per share (vs US$1.03 loss in 2Q 2021) Second quarter 2022 results: US$0.33 loss per share. Revenue: US$4.28m (up US$3.59m from 2Q 2021). Net loss: US$7.04m (loss widened 30% from 2Q 2021). Reported Earnings • May 10
First quarter 2022 earnings released: US$0.34 loss per share (vs US$0.041 loss in 1Q 2021) First quarter 2022 results: US$0.34 loss per share (down from US$0.041 loss in 1Q 2021). Revenue: US$3.40m (up 278% from 1Q 2021). Net loss: US$6.75m (loss widened 41% from 1Q 2021). Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$1.86 loss per share (down from US$0.16 loss in FY 2020). Revenue: US$5.68m (down 38% from FY 2020). Net loss: US$10.9m (loss narrowed 28% from FY 2020). Revenue was in line with analyst estimates. Board Change • Dec 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
