Overview
Peraso Q3 revenue grows 45% sequentially, beating analyst expectations
Adjusted net income and EBITDA for Q3 beat analyst estimates
Company secured design wins and collaboration with WeLink for broadband deployment
Outlook
Company expects Q4 2025 revenue between $2.8 mln and $3.1 mln
Result Drivers
MMWAVE PRODUCT REVENUE - Revenue from mmWave products increased 35% sequentially, reaching a quarterly record
DESIGN WINS - Peraso secured multiple design wins, including a collaboration with WeLink for broadband deployment
NEW CUSTOMER ORDER - Received a $0.9 mln order from a new OEM customer for fixed wireless access equipment
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $3.23 mln | $3.04 mln (3 Analysts) |
Q3 Net Income | -$1.20 mln | ||
Q3 Adjusted EBITDA | Beat | -$1 mln | -$1.59 mln (3 Analysts) |
Q3 Gross Margin | 56.20% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Peraso Inc is $2.75, about 58.5% above its November 7 closing price of $1.14
Press Release: ID:nACSLKXPYa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Comments