Earlier this morning, Mobix Labs (MOBX) announced an unsolicited bid to acquire Peraso (PRSO) in an all-stock deal. Under terms of the non-binding proposal, Mobix would acquire each PRSO share at a 20% premium to the 30-day average closing price through June 10, 2025, or approximately $1.17 per share, which equates to an equity value of approximately $6.0 million.
Read MoreAfter market close yesterday, DHI Group (DHX) filed an 8-K announcing an organizational restructuring that will reduce the company’s workforce by approximately 25%. The reduction in force primarily impacts headcount associated with the Dice brand and related back-office support functions.
Read MorePeraso (PRSO) reported Q1 ‘25 results ahead of our estimates and consensus. Revenues increased sequentially and grew significantly versus the same period last year driven by a rebound in mmWave sales for fixed wireless access applications and the final quarter of end-of-life (EOL) memory IC shipments.
Read MoreNetScout reported solid fiscal Q4 ’25 results. Revenues exceeded our estimate and the consensus due to robust growth in the enterprise vertical and continued traction for the company’s cybersecurity products.
Read MoreDHI Group (DHX) reported Q1 ’25 results in line with our estimates and consensus. Although growth at Dice remains hampered by ongoing economic uncertainty, we were encouraged to see both revenue and bookings come in modestly ahead of our projections.
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