secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0001213900-24-061540
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso preliminary Q2 revenue ~$4.2M, above guidance; mmWave DUNE platform order in hand
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- Preliminary Q2 2024 revenue ~$4.2M, exceeding guidance range of $3.7–$4.0M.
- Revenue growth >50% sequential and >70% year-over-year.
- Increase driven by EOL memory IC shipments and first volume production order for mmWave DUNE platform from a South African service provider.
- CEO expects additional orders from this customer and continued growth in H2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390024061540/0001213900-24-061540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390024061540/ea0209454-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-061540

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer