secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001654954-25-003033
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso Q4 revenue $3.7M (+100% YoY); GAAP gross margin 56.3%; net loss narrows to $1.6M
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- Q4 revenue of $3.7M, up 100% YoY, driven by memory IC end-of-life shipments; GAAP gross margin improved to 56.3% from negative 147.3%.
- GAAP net loss of $1.6M ($0.37 per share) vs. $8.9M loss a year ago; non-GAAP net loss $0.5M ($0.13 per share).
- Full year 2024 revenue $14.6M; GAAP gross margin 51.7% vs. 13.6% in 2023; net loss $10.7M improved from $16.8M.
- Received $3.6M mmWave purchase order; Q1 2025 revenue guidance $3.6-4.0M; expects mmWave revenue in Q1 to exceed full year 2024 mmWave revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000165495425003033/0001654954-25-003033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000165495425003033/prso_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-003033

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