After the close yesterday, Peraso (PRSO) provided an update on its ongoing review of strategic alternatives.
Read MorePeraso (PRSO) delivered Q2 ’25 results ahead of our estimates and consensus.
Read MorePeraso (PRSO) reports Q2 ’25 results on Monday, August 11, after the market closes. Given the company’s solid backlog of mmWave orders entering the quarter, we expect the results to be largely in line with our estimates and consensus.
Read MoreEarlier this morning, Mobix Labs (MOBX) announced an unsolicited bid to acquire Peraso (PRSO) in an all-stock deal. Under terms of the non-binding proposal, Mobix would acquire each PRSO share at a 20% premium to the 30-day average closing price through June 10, 2025, or approximately $1.17 per share, which equates to an equity value of approximately $6.0 million.
Read MorePeraso (PRSO) reported Q1 ‘25 results ahead of our estimates and consensus. Revenues increased sequentially and grew significantly versus the same period last year driven by a rebound in mmWave sales for fixed wireless access applications and the final quarter of end-of-life (EOL) memory IC shipments.
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