Peraso Stock Price, News & Analysis

Peraso Inc. (NASDAQ:PRSO) has achieved a significant milestone by shipping over 2 million mmWave devices, demonstrating its leadership in 60 GHz spectrum technology. The company, specializing in mmWave wireless technology solutions, has expanded its market presence across diverse sectors including fixed wireless access, consumer VR, high-speed data links, and advanced tactical systems.

CEO Ron Glibbery emphasized that this achievement validates Peraso's industry leadership and technological scalability. The company's solutions address the growing global demand for mmWave applications, particularly in next-generation connectivity. Peraso's focus on delivering ultra-fast, low-latency wireless connectivity positions it to capitalize on the accelerating adoption of 60 GHz solutions.

Peraso (NASDAQ:PRSO) reported strong Q1 2025 financial results with total revenue of $3.9 million, up 37% year-over-year, driven by significant growth in mmWave products. Q1 mmWave revenue surpassed the entire 2024 mmWave revenue. GAAP gross margin improved to 69.3%, while operating expenses decreased to $3.2 million. The company reduced its GAAP net loss to $0.5 million ($0.10 per share), compared to a $2.0 million loss in Q1 2024. Key achievements include a 50% increase in supported users for PERSPECTUS modules and a new defense contract. However, Q2 2025 revenue is expected to decline to $1.8-2.0 million due to planned end-of-life memory IC product discontinuation, though sequential mmWave revenue growth is anticipated throughout 2025.

Peraso Inc. (NASDAQ:PRSO), a company specializing in mmWave wireless technology solutions, has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, after market close. The announcement will be followed by a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results and business outlook.

The conference call can be accessed via phone at 1-888-506-0062 (US) or +1-973-528-0011 (International) using passcode 248288. A webcast with slides will also be available. For those unable to attend live, an archived webcast will be accessible through the company's investor relations page, and a replay will be available until May 26, 2025.

Peraso Inc. (NASDAQ:PRSO) has introduced the PRM2141X-D, the latest addition to its PERSPECTUS series of mmWave modules. Built on the Peraso X720 60-GHz chipset, this module features an integrated dual-polarized antenna array designed for high-mobility network deployments. The module supports dynamic switching and polarization diversity for reliable connections in challenging scenarios, particularly suited for body-mounted applications.

The PRM2141X-D operates in the 57-71 GHz band, offering features such as automatic rate adaptation, dynamic directional beamforming, and data rates up to 3 Gbps. The product is currently available for sampling, with production scheduled to begin in June 2025.

Peraso (NASDAQ:PRSO) has secured a strategic contract to provide 60GHz mmWave communications technology for military operations. The company is partnering with a specialized defense contractor to develop solutions enhancing tactical communications and safety for military personnel and non-combatants in high-risk environments.

The technology's key features include low probability of detection on the battlefield and strong immunity to jamming. Initial production shipments are expected to begin in Q2 2025, targeting a total addressable market of at least 3.44M active NATO military personnel.

The solution leverages Peraso's advanced mmWave capabilities, offering ultra-low latency and low probability of intercept, positioning the company's platform for increased adoption in security and defense applications.

Peraso Inc. (NASDAQ:PRSO) has received a Notice of Allowance from the USPTO for patent application 17/846275, covering technology for seamless recovery of distributed access points in wireless networks. The patent, expected to be issued in 2025, will provide IP protection until 2042.

The technology addresses service disruptions in large wireless networks by enabling seamless reintegration of recovered or new access points without requiring full network resets. Key features include:

• Seamless station roaming during AP connection disruptions
• Real-time detection of lost access points
• Secure handshake protocol for encryption key re-establishment
• Automatic reconnection maintaining maximum performance

Peraso (NASDAQ: PRSO), a leader in mmWave wireless technology solutions, has announced its participation in the upcoming Centri Capital Conference on April 22, 2025, at Nasdaq MarketSite in New York City.

CEO Ron Glibbery and CFO Jim Sullivan will represent the company, with a scheduled presentation at 9:00 A.M. Eastern Time. The management team will be available throughout the day for meetings with registered conference attendees.

Investors can access both live and archived versions of the company's presentation through the Events page on Peraso's website. Interested portfolio managers and analysts can arrange meetings through their Centri representative or by registering for the conference directly.

Peraso (NASDAQ:PRSO) has announced a significant upgrade to its PERSPECTUS module products, increasing supported end-point devices per access point from 32 to 48, representing a 50% capacity increase. The enhancement benefits Wireless Internet Service Providers (WISPs) using fixed wireless access (FWA) in the unlicensed 60 GHz spectrum.

The upgrade offers several advantages for the FWA market, particularly in dense urban deployments: improved total network ownership costs, competitive data rates up to 2 Gbps, reduced power consumption, and less hardware deployment requirements. Peraso's mmWave technology demonstrates enhanced performance in urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.

The company is actively deploying its 60 GHz technology in urban centers like Los Angeles, with potential growth opportunities through the BEAD program, which has allocated over $42 billion for broadband infrastructure in unserved and underserved areas.

Peraso Inc. (NASDAQ:PRSO), a leader in mmWave technology, has announced its participation in WISPAMERICA OKC from March 24-27, 2025, where it will showcase its 60 GHz fixed wireless access (FWA) solutions. The company's technology is designed to provide high-speed connectivity for wireless Internet service providers (WISPs) in areas where fiber deployment is not cost-effective.

Key company executives, including VP Mike Hamilton and Senior Director Dr. Nadine Hatto, will be present at booth #541 to demonstrate how Peraso's mmWave solutions deliver superior speeds and low latency. The company's fully integrated, unlicensed 60 GHz solutions serve the FWA market across multiple applications, with growing demand for the technology.

As one of the few providers offering solutions across all mmWave communication bands (24 GHz - 71 GHz), Peraso's technology caters to WISPs of various sizes, building on over a decade of experience in high-performance mmWave phased array solutions.