Peraso’s (PRSO) Q2 ‘24 results were generally consistent with the preliminary figures provided in mid-July. As previously announced, revenues exceeded the high-end of management’s original guidance for the quarter driven by strong sequential and Y/Y growth in both end-of-life (EOL) memory IC shipments and mmWave antenna modules.
Read MoreBefore market open yesterday, Peraso (PRSO) announced preliminary Q2 ‘24 revenue of $4.2 million, exceeding management’s guidance of $3.7-$4.0 million, our estimate of $3.8 million and consensus of $3.9 million.
Read MorePeraso (PRSO) reports Q1 ’24 results after the close on Monday, May 13. Given that management provided Q1 revenue guidance late in the quarter and the company’s large backlog of end-of-life (EOL) memory IC orders, we expect the results to meet our expectations, which are generally in line with consensus.
Read MorePeraso (PRSO) reported Q3 ‘23 results well above expectations driven by the initial shipments of memory IC products against a large backlog of end-of-life (EOL) purchase orders.
Read MorePeraso (PRSO) reports Q3 ’23 results after the close on Monday, November 13. We expect the company’s results to meet our estimates at the very least and believe the fulfillment of initial end-of-life orders for Peraso’s memory IC products could produce some upside relative to our model.
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