Peraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. It focuses on development of millimeter wavelength (mmWave) for the 60 gigahertz, spectrum, and for 5G cellular networks. The company's products include mmWave ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and programmable hyperspeed engine to allow user-defined functions or algorithms. In addition, the company offers quad partition rate which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products enable various applications, such as 5G with low latency and high reliability, multi-gigabit, mmWave links over 25 kilometers, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.
Company profile
Ticker
PRSO
Exchange
Website
CEO
Mr. Ronald Glibbery
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
APOGEE ENTERPRISES INC
SEC CIK
Corporate docs
Subsidiaries
2864552 Ontario Inc. • 2864555 Ontario Inc. • Peraso Technologies Inc. • MoSys International, Inc. ...
IRS number
770291941
PRSO stock data
Latest filings (excl ownership)
8-K
Material Modifications to Rights of Security Holders
4 Oct 24
8-K
Entry into a Material Definitive Agreement
30 Aug 24
424B5
Prospectus supplement for primary offering
30 Aug 24
10-Q
2024 Q2
Quarterly report
13 Aug 24
8-K
Peraso Announces Second Quarter 2024 Results
12 Aug 24
8-K
Material Modifications to Rights of Security Holders
7 Aug 24
EFFECT
Notice of effectiveness
23 Jul 24
8-K
Peraso Announces Preliminary Second Quarter 2024 Revenue Results Above Guidance
16 Jul 24
S-3
Shelf registration
12 Jul 24
8-K
Entry into a Material Definitive Agreement
13 Jun 24
Transcripts
PRSO
Earnings call transcript
2024 Q2
12 Aug 24
PRSO
Earnings call transcript
2024 Q1
13 May 24
PRSO
Earnings call transcript
2023 Q4
18 Mar 24
PRSO
Earnings call transcript
2023 Q3
13 Nov 23
PRSO
Earnings call transcript
2023 Q2
14 Aug 23
PRSO
Earnings call transcript
2023 Q2
14 Aug 23
PRSO
Earnings call transcript
2023 Q1
16 May 23
PRSO
Earnings call transcript
2022 Q4
22 Mar 23
PRSO
Earnings call transcript
2022 Q3
15 Nov 22
PRSO
Earnings call transcript
2022 Q2
16 Aug 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.87 mm | 1.87 mm | 1.87 mm | 1.87 mm | 1.87 mm | 1.87 mm |
Cash burn (monthly) | 189.00 k | 23.17 k | 1.49 mm | 1.66 mm | 219.67 k | 360.42 k |
Cash used (since last report) | 640.59 k | 78.52 k | 5.06 mm | 5.62 mm | 744.54 k | 1.22 mm |
Cash remaining | 1.23 mm | 1.79 mm | -3.19 mm | -3.75 mm | 1.12 mm | 646.41 k |
Runway (months of cash) | 6.5 | 77.2 | -2.1 | -2.3 | 5.1 | 1.8 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 19.20 mm |
Total shares | 8.58 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Roadmap Capital General Partner | 8.56 mm | $0.00 |
Geode Capital Management | 13.71 k | $19.20 mm |
CVI Investments | 7.38 k | $0.00 |
CWM | 1.00 | $0.00 |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Jun 24 | Ronald Glibbery | Common Stock | Payment of exercise | Dispose F | No | No | 1.51 | 446 | 673.46 | 3,929 |
17 Jun 24 | Brad Lynch | Common Stock | Payment of exercise | Dispose F | No | No | 1.51 | 168 | 253.68 | 1,741 |
17 Jun 24 | James Sullivan | Common Stock | Payment of exercise | Dispose F | No | No | 1.51 | 171 | 258.21 | 2,042 |
17 Jun 24 | Alex Tomkins | Common Stock | Payment of exercise | Dispose F | No | No | 1.51 | 168 | 253.68 | 6,251 |
14 Jun 24 | Alex Tomkins | Common Stock | Acquire L | No | No | 1.53 | 3,500 | 5.36 k | 6,419 | |
14 Jun 24 | Alex Tomkins | Common Stock | Acquire L | No | No | 1.52 | 1,300 | 1.98 k | 2,919 |
News
12 Information Technology Stocks Moving In Friday's Pre-Market Session
11 Oct 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
9 Oct 24
Analyst Scoreboard: 4 Ratings For Peraso
1 Oct 24
Benchmark Reiterates Speculative Buy on Peraso, Maintains $4 Price Target
1 Oct 24
Benchmark Reiterates Speculative Buy on Peraso, Maintains $4 Price Target
30 Sep 24
Press releases
Peraso Inc. (NASDAQ: PRSO) Driving 5G Innovation Across Multiple Industries more stock inside…
10 Oct 24
Peraso to Showcase Several Customer Solutions at Wispapalooza 2024, Enhancing Position as the Leading 60GHz IC Supplier
8 Oct 24
Early Market Movers: PRSO, PNPN.V, MLGO, API, AGBA more inside – Today's Watchlist!
4 Oct 24
Leading the Charge: PRSO, DUO, INDO, RIG, MTC – Energy and Technology Stocks Poised for Continued Gains
2 Oct 24
Investors Alert: EMCORE (NASDAQ: EMKR), AGBA Group (NASDAQ: AGBA), Peraso Inc. (NASDAQ: PRSO) and CS Diagnostics (OTC: FZRO) Surge on Game-Changing News
30 Sep 24