Peraso FY25 net loss narrows to $4.8 million; revenue falls 17% to $11.8 million

Reuters03-31

Peraso FY25 net loss narrows to $4.8 million; revenue falls 17% to $11.8 million

Peraso fiscal 2025 net loss narrowed to $4.8 million.
Revenue fell 17% to $12 million.
Gross margin expanded 6 percentage points to 58%.
mmWave IC revenue climbed to $6.7 million as memory IC revenue dropped to $2.7 million due to sharply lower end-of-life shipments.
Management forecast mmWave product sales to increase in 2026, driven by higher orders from existing customers and new customers starting production.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-036514), on March 30, 2026, and is solely responsible for the information contained therein.

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