Peraso Q2 revenue $4.2M (+50.5% seq); GAAP net loss $4.4M

Peraso Inc.

2024-Q2 EPS reported -$2.75 revenue$7,054,000

Q2 revenue $4.2M, up 50.5% sequentially and ~75% YoY; GAAP gross margin 55.5% (vs 46.4% prior qtr, 25.3% YoY).
GAAP net loss $4.4M ($1.88/share) vs $2.0M prior qtr; non-GAAP net loss $2.1M ($0.88/share); Adjusted EBITDA -$1.9M.
Operating expenses $6.8M GAAP including $0.4M severance and $1.6M software license obligations.
Q3 2024 revenue guidance $3.8-4.2M; memory IC backlog ~$9.1M expected to fulfill through Q1 2025.
Secured first volume production order for mmWave DUNE platform from a South African service provider.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.