Peraso (PRSO) reported Q3 ’25 results ahead of our estimates and consensus. Revenue exceeded the top end of management’s guidance driven by continued strong growth in sales of mmWave products and the initial fulfillment of an unexpected last-time buy of memory IC products.
Read MorePeraso (PRSO) reports Q3 ’25 results on Monday, November 10, after the market closes. Between a large non-recurring engineering deal secured early in the quarter and continued momentum with network equipment suppliers targeting the fixed wireless access (FWA) market, we think visibility into the company’s Q3 performance is relatively high.
Read MoreYesterday morning, Mobix Labs (MOBX) pressed forward in its quest to acquire Peraso (PRSO), proposing to acquire the company for $1.30 per share in an all-cash transaction.
Read MoreIn its latest salvo to buy Peraso (PRSO), Mobix Labs (MOBX) formally announced plans to commence a hostile exchange offer to acquire all outstanding shares of Peraso.
Read MoreLast Friday, Mobix Labs (MOBX) announced that the company has “enhanced its proposal to acquire Peraso (PRSO) by adding a cash component to its original all-stock offer.”
Read More