Peraso Inc. announced its financial results for the third quarter ended September 30, 2025. The company reported total net revenue of $3.2 million, an increase from $2.2 million in the prior quarter, but down from $3.8 million in the same quarter a year ago. Product revenue for the third quarter was $3.1 million, compared to $2.2 million in the prior quarter and $3.8 million in the same quarter last year. The sequential revenue increase was primarily attributed to a continued ramp in shipments of mmWave products, with mmWave product revenue increasing 35% sequentially to a quarterly record. During the quarter, Peraso secured multiple design wins, including a collaboration with WeLink and a $0.9 million order from a new OEM customer for fixed wireless access equipment. The company also completed initial field trials with a lead customer in the tactical communications market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peraso Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1099696) on November 10, 2025, and is solely responsible for the information contained therein.
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