Peraso Q2 revenue $2.2M, mmWave product revenue up 45% sequentially; guides Q3 revenue $2.8-3.1M

Peraso Inc.

2025-Q2 EPS reported -$0.39 vs consensus -$0.46 ▲ beat (+16.0%)

GAAP net loss $1.8M ($0.31 per share) vs $4.4M loss ($1.88) in Q2 2024.
mmWave product revenue grew 45% sequentially and over 200% YoY; cumulative shipments surpassed 2 million.
Tachyon Networks selected Peraso's mmWave module for 60 GHz fixed wireless solution.
Q3 2025 revenue guidance $2.8M to $3.1M, implying sequential growth.
Non-GAAP net loss $1.7M ($0.28 per share); Adjusted EBITDA negative $1.6M.

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