Peraso Inc. (PRSO) Reports Strong Prelim Q2 Results

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Go back to Peraso Inc. (PRSO) Reports Strong Prelim Q2 Results

Peraso Announces Preliminary Second Quarter 2024 Revenue Results Above Guidance

July 16, 2024 8:03 AM EDT

Stronger Than Anticipated Revenue Included First Volume Production Order for mmWave DUNE Platform Solution

SAN JOSE, CA / ACCESSWIRE / July 16, 2024 / Peraso Inc. (NASDAQ: PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced preliminary revenue results for the second quarter ended June 30, 2024. Total net revenue for the second quarter is anticipated to be approximately $4.2 million, exceeding the Company's previous guidance of revenue to range between $3.7 million and $4.0 million.

"Our stronger than expected preliminary revenue results for the... More