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’s (PRSO) Q4 ‘23 results were largely consistent with the company’s late January pre-announcement.
Read MoreIn conjunction with an amended S-1 filing yesterday, Peraso (PRSO) disclosed preliminary Q4 ‘23 revenue below our estimates and consensus.
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