Welcome to our dedicated page for Peraso news (Ticker: PRSO), a resource for investors and traders seeking the latest updates and insights on Peraso stock.
Peraso Inc. (NASDAQ: PRSO) is a fabless semiconductor company focused on high-performance 60 GHz unlicensed and 5G mmWave wireless technology. The Peraso news feed on Stock Titan brings together the company’s press releases and related coverage so readers can follow how its mmWave chipsets, antenna modules, software and IP are being applied in real deployments.
Recent Peraso news highlights collaborations and events that illustrate its market focus. The company announced a collaboration with Virewirx Inc., under which Peraso’s 60 GHz Perspectus modules, including the PRM2146X-D, power the VX60 platform for multi-gigabit robotaxi and physical AI connectivity. Peraso has also discussed its role in fixed wireless access and broadband, citing work with partners such as WeLink to expand high-speed connectivity in dense urban areas.
Investors and industry followers can use this page to track Peraso’s participation in sector events and trade shows, such as WISPAPALOOZA and the Africa Tech Festival, where the company showcases its 60 GHz fixed wireless access solutions and its DUNE platform for point-to-multipoint connectivity. News items also cover product spotlights, design wins, tactical communications trials, and updates on Peraso’s mmWave deployments in regions including Africa.
In addition, Peraso’s news includes financial and corporate updates, such as quarterly earnings announcements, conference call details, investor conference presentations, and governance developments like board appointments. Bookmark this page to monitor how Peraso’s mmWave technology, customer collaborations and strategic review process evolve over time.
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.
Peraso (NASDAQ:PRSO) reported strong Q4 2024 financial results with total revenue of $3.7 million, marking a 100% year-over-year increase. The company achieved significant margin expansion, with GAAP gross margin reaching 56.3% and non-GAAP gross margin at 71.6%.
Key highlights include a recent $3.6 million purchase order for mmWave devices expected to be fulfilled in 2025, and increased demand for fixed wireless access (FWA) deployments. The company's Q4 GAAP net loss improved to $1.6 million ($0.37 per share) compared to $8.9 million ($12.48 per share) in Q4 2023.
For full-year 2024, total revenue was $14.6 million with a GAAP net loss of $10.7 million. Looking ahead, Peraso expects Q1 2025 revenue between $3.6-4.0 million, with mmWave revenue projected to exceed full-year 2024 levels.
Peraso Inc (NASDAQ:PRSO) has secured a significant $3.6 million purchase order for its mmWave devices from a leading wireless networking systems provider specializing in fixed wireless access. The company plans to begin shipments in Q2 2025, with complete fulfillment expected throughout 2025.
The order represents a positive signal that the inventory correction affecting customers over recent years is concluding. Peraso's mmWave technology, operating in the unlicensed 60 GHz band, offers enhanced performance in dense urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.
The technology is particularly valuable in North American urban centers where fiber infrastructure deployment or retrofitting can be expensive and time-consuming. Peraso reports current deployments in cities like Los Angeles and anticipates continued expansion across multiple regional locations.
Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology solutions, has scheduled the release of its fourth quarter and full year 2024 financial results on Wednesday, March 19, 2025, after market close.
The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results and business outlook. The call will be accessible via webcast and through dial-in numbers, with replay available until April 2, 2025.
Peraso Inc. (NASDAQ:PRSO), a pioneer in mmWave wireless technology solutions, announced that CEO Ron Glibbery was featured on The Street Reports Podcast discussing the company's technology applications. The interview covered key areas including fixed wireless access (FWA) utilizing both 60 GHz unlicensed and 5G spectrum, AI-driven-connectivity, and military applications.
Peraso specializes in multi-gigabit, long-range, 60 GHz unlicensed mmWave wireless technology, providing chipsets, modules and software solutions. The company has over a decade of experience in shipping mmWave semiconductor products, with their solutions being deployed globally across various applications amid growing demand for mmWave technology.
Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology solutions, has announced its participation in the Benchmark Company's 13th Annual Discovery Investor Conference. The event is scheduled for December 11, 2024, at the New York Athletic Club in New York City. CEO Ron Glibbery and CFO Jim Sullivan will be available for one-on-one meetings with analysts and investors throughout the conference day.
The conference provides opportunities for in-person meetings with micro- and small-cap public companies. Interested attendees can schedule meetings with Peraso management through the registration process.
Peraso Inc. (NASDAQ:PRSO) reported Q3 2024 financial results with total net revenue of $3.8 million, down from $4.2 million in Q2 and $4.5 million year-over-year. The company achieved a GAAP gross margin of 47.0% and reduced operating expenses by nearly 20% year-over-year. GAAP net loss was $2.7 million ($0.98 per share). The company secured a $1.4 million follow-on order from a South African WISP and new orders for military applications. Through warrant exercises, Peraso raised approximately $2.9 million in gross proceeds. Q4 2024 revenue guidance is set at $3.6-4.0 million.
Peraso Inc. (NASDAQ:PRSO) announced its participation in the 2024 AfricaTech Festival in Cape Town, South Africa, November 11-14, 2024. The company will showcase its 60 GHz Fixed Wireless Access (FWA) mmWave technology at booth #D2 in the Canadian Pavilion. Peraso's technology aims to address broadband connectivity demands in Africa, offering high-performance, ultra-low-latency solutions for both rural and dense urban environments. As one of the few providers of solutions across all mmWave communication bands (24GHz - 71GHz), Peraso's unlicensed 60GHz solutions are currently deployed worldwide, including Africa, supporting various applications in the growing FWA market.