Benchmark Reiterates Speculative Buy on Peraso, Maintains $4 Price Target
$PRSO
Semiconductors
Technology
Benchmark analyst David Williams reiterates Peraso (NASDAQ:PRSO) with a Speculative Buy and maintains $4 price target.
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SAN JOSE, CAPELLEN / ACCESSWIRE / November 26, 2024 / Peraso Inc. (NASDAQ:PRSO), ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the Company will participate at the Benchmark Company's 13th Annual Discovery Investor Conference to be held Wednesday, December 11, 2024, at the New York Athletic Club in New York City. Ron Glibbery, CEO, and Jim Sullivan, CFO, are scheduled to host one-on-one meetings with analysts and investors throughout the day.The conference offers in-person meetings with dynamic publicly traded micro- and small-cap companies. To schedule a one-on-one meeting with Peraso management, attendees should submit a request online via t
SAN JOSE, CA / ACCESSWIRE / November 12, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the third quarter ended September 30, 2024.Management Commentary"Third quarter revenue was within our range of expectations, with overall results being highlighted by meaningful improvement in our operating performance," commented Ron Glibbery, CEO of Peraso. "Underpinning this improvement was the benefit of our previous and ongoing actions to reduce costs and increase efficiencies, resulting in operating expenses decreasing almost 20% year-over-year."During the quarter, we continued to advance diverse
SAN JOSE, CA / ACCESSWIRE / November 6, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced it plans to attend and participate in the 2024 AfricaTech Festival. During the show, Peraso will collaborate with leading experts in the telecom industry to exchange insights, foster connections and advocate for the adoption of mmWave Fixed Wireless Access (FWA) in densely populated areas, helping to accelerate Africa's digital transformation.Peraso representatives will attend the show in Cape Town, South Africa, November 11-14, 2024, as part of the Canadian Pavilion at booth# D2, hosted by the Canadian Trade Commissioner Ser
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SAN JOSE, CA / ACCESSWIRE / November 12, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the third quarter ended September 30, 2024.Management Commentary"Third quarter revenue was within our range of expectations, with overall results being highlighted by meaningful improvement in our operating performance," commented Ron Glibbery, CEO of Peraso. "Underpinning this improvement was the benefit of our previous and ongoing actions to reduce costs and increase efficiencies, resulting in operating expenses decreasing almost 20% year-over-year."During the quarter, we continued to advance diverse
SAN JOSE, CA / ACCESSWIRE / October 29, 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 that it will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after the market close, followed by a conference call at 2:00 p.m. Pacific Time to discuss the Company's results and business outlook.Conference Call and Webcast InformationDate: Tuesday, November 12, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Conference Call Number: 1-877-545-0320International Call Number: +1-973-528-0002Passcode: 629165Webcast and Slides: Click HereFor those unable to
Total Revenue Increased 50.5% Sequentially;GAAP Gross Margin Expanded to 55.5%, Non-GAAP to 68.8% SAN JOSE, CA / ACCESSWIRE / August 12, 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 financial results for the second quarter ended June 30, 2024.Management Commentary"As we previewed in our announced preliminary results in mid-July, second quarter revenue of $4.2 million exceeded our original guidance and represented growth of over 50% sequentially and over 70% year-over-year," stated Ron Glibbery, CEO of Peraso. "The stronger than expected growth for the quarter was primarily dr
Solidifies Key WISP Relationship for Collaborative Expansion in the 60 GHz Wireless Access MarketSAN JOSE, CA / ACCESSWIRE / April 13, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, is pleased to announce that Nadine Hatto, has joined the Advisory Board of GigFire, a leading wireless internet service provider (WISP) in the Midwestern United States.In addition to possessing extensive telecommunications industry knowledge and expertise, Dr. Hatto's appointment to the Advisory Board further strengthens the relationship between GigFire and Peraso. GigFire is focused on expanding into new markets and offe
SAN JOSE, CA / ACCESSWIRE / October 25, 2022 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 5G networks, announced today that it has named Mark Lunsford to the position of Chief Revenue Officer. Lunsford will be responsible for sales, business development and strategic partnership efforts."Mark brings a deep understanding of leading-edge technologies and has demonstrated success across companies at various stages of growth," said Ron Glibbery, CEO of Peraso. "We were particularly drawn to his prior experience at emerging growth companies, where he helped convert groundbreaking technology into large, multi-million dollar sales pipelines. While in ot
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