In conjunction with an amended S-1 filing yesterday, Peraso (PRSO) disclosed preliminary Q4 ‘23 revenue below our estimates and consensus.
Read MoreCegeka has completed its tender offer to acquire all outstanding shares of CTG for $10.50 per share in cash.
Read MorePeraso (PRSO) reported Q3 ‘23 results well above expectations driven by the initial shipments of memory IC products against a large backlog of end-of-life (EOL) purchase orders.
Read MoreCTG reported Q3 ’23 results generally consistent with our estimates. Revenue of $71.3 million (-4.9% Y/Y) was slightly below our $72.8 million projection due to softening demand for IT services.
Read MorePeraso (PRSO) reports Q3 ’23 results after the close on Monday, November 13. We expect the company’s results to meet our estimates at the very least and believe the fulfillment of initial end-of-life orders for Peraso’s memory IC products could produce some upside relative to our model.
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