Sector: Technology | Industry: Semiconductors |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2309 Bering Dr SAN JOSE CA 95131-1125 |
Tel: | N/A |
Website: | https://perasoinc.com |
IR: | See website |
Key People | ||
Ronald Glibbery Chief Executive Officer, Director | James Walker Sullivan Chief Financial Officer | Bradley Lynch Chief Operating Officer |
Alexander Tomkins Chief Technology Officer | Mark A. Lunsford Chief Revenue Officer |
Business Overview |
Peraso Inc. develops high-performance 60 Gigahertz (GHz) unlicensed and 5G millimeter wavelength (mmWave) wireless technology, offering chipsets, antenna modules, software, and intellectual property (IP). The Company supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, its solutions for data and telecom networks focus on accelerating data intelligence and multi-access edge computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. Its mmWave products enable a range of applications, including multi-gigabit point-to-point (PtP), wireless links with a range of up to 25 kilometers and operating in the 60 GHz frequency band; multi-gigabit point-to-multi-point (PtMP), links in the 60 GHz frequency band used to provide fixed wireless access (FWA), services; FWA in the 5G operating bands from 24 GHz to 43 GHz to provide multi-gigabit capability and low latency connections; and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Peraso Inc revenues decreased 8% to $13.7M. Net loss decreased 48% to $16.8M. Revenues reflect Hong Kong segment decrease of 72% to $689K, Rest of world segment decrease of 29% to $1.6M. Lower net loss reflects Semiconductors & Related Devices Office of Manufacturing segment loss decrease of 36% to $20.6M. Basic Earnings per Share excluding Extraordinary Items increased from -$64.47 to -$26.00. |
Employees: | 48 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1.92M as of Mar 31, 2024 |
Annual revenue (TTM): | $13.75M as of Mar 31, 2024 |
EBITDA (TTM): | -$17.22M as of Mar 31, 2024 |
Net annual income (TTM): | -$16.80M as of Mar 31, 2024 |
Free cash flow (TTM): | -$4.78M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 2,595,143 as of May 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |