Peraso Stock Price, News & Analysis

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, provided an update on its strategic review process initiated on July 11, 2025. The company's board authorized exploration of strategic alternatives including a potential merger or sale of assets, with Craig-Hallum Capital Group LLC serving as financial advisor.

The update specifically addresses an unsolicited non-binding proposal from Mobix Labs. While Peraso invited interested parties to participate in the process under standard confidentiality agreements, Mobix declined to sign the agreement and receive non-public information. Instead, Mobix requested direct board engagement and indicated it might present its proposition directly to stockholders.

Peraso maintains its position on requiring confidentiality agreements to ensure fair treatment and proper information safeguarding for all parties involved in the strategic review process.

Peraso (NASDAQ:PRSO) reported Q2 2025 financial results, highlighting a significant growth in mmWave product revenue, which increased 45% sequentially and over 200% year-over-year. Total revenue was $2.2 million, down from $3.9 million in Q1 2025 and $4.2 million in Q2 2024, primarily due to the completion of memory IC products end-of-life shipments.

The company achieved notable milestones, including surpassing two million cumulative shipments of mmWave devices and securing Tachyon Networks as a partner for 60 GHz fixed wireless solutions. GAAP gross margin was 48.3%, with a GAAP net loss of $1.8 million ($0.31 per share). Looking ahead, Peraso expects Q3 2025 revenue between $2.8-3.1 million.

Peraso (NASDAQ:PRSO), a pioneer in mmWave wireless technology solutions, will release its Q2 2025 financial results on Monday, August 11, 2025, after market close. The company will host a conference call at 1:30 PM PT (4:30 PM ET) to discuss results and business outlook.

Investors can access the conference call via phone (1-888-506-0062) using passcode 367678 or through a webcast on Peraso's website. A replay will be available until August 18, 2025, by calling 1-877-481-4010 with passcode 52752. Supporting materials will be available on the company's Investor Relations website after the call.

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, announced that Tachyon Networks has selected its PRM2141X module for integration into Tachyon's new TNA-303L-65 outdoor 60 GHz fixed wireless solution.

The collaboration aims to deliver fiber-class speeds in a compact form factor, offering gigabit connectivity without the need for traditional fiber infrastructure. The TNA-303L-65 can support up to 48 client terminals per sector and delivers throughput of up to 1 Gbps with a range exceeding 3 kilometers.

Key features include full 60 GHz band support (57-71 GHz), weatherproof design, integrated antenna, and compatibility with existing TNA-300 series solutions, positioning it as a cost-effective alternative for both urban and rural broadband deployment.

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, has announced its board of directors is exploring strategic alternatives to maximize stockholder value. The company has engaged Craig-Hallum Capital Group LLC as financial advisor for this process, which may include a merger, sale of assets, or similar transactions.

The board continues to evaluate an unsolicited non-binding proposal from Mobix Labs disclosed on June 27, 2025. Additionally, management is seeking various funding arrangements to address short-term cash needs while implementing cost-saving measures through expenditure delays and deferrals.

Peraso (NASDAQ:PRSO) has secured its first production order for 60 GHz wireless video systems designed for educational environments. The company's mmWave wireless technology solution provides high-performance, low-latency video transmission without impacting existing school Wi-Fi infrastructure.

The technology operates independently in the 60 GHz unlicensed spectrum, reducing interference by isolating wireless transmissions to individual classrooms. This development addresses the growing challenge of Wi-Fi congestion in dense educational environments, offering an alternative solution for reliable, high-speed wireless connectivity.

Peraso's mmWave communication products feature high data rates, ultra-low latency, and low susceptibility to interference, making them particularly suitable for high-quality video transmission in classroom settings and other applications where traditional wireless systems may be insufficient.

Peraso (NASDAQ:PRSO) has received an unsolicited, non-binding acquisition proposal from Mobix Labs. The proposal offers to acquire all of Peraso's equity securities in exchange for Mobix common stock at approximately $1.20 per share, representing a 20% premium based on a 30-day average.

Peraso disputes several claims made in Mobix's press release, including financial information and Nasdaq listing requirements. The company reported Q1 2025 revenue of $3.8 million and FY 2024 revenue of $14.2 million. Peraso confirms it maintains Nasdaq listing compliance through the stockholders' equity alternative, requiring $2.5 million in equity, rather than the $35 million market value requirement cited by Mobix.

Peraso's Board of Directors will evaluate the proposal to determine the best course of action for shareholders. No immediate action is required from stockholders.

Mobix Labs (NASDAQ:MOBX) has announced an unsolicited bid to acquire Peraso (NASDAQ:PRSO) in a stock-for-stock transaction at a 20% premium to Peraso's 30-day average share price. The strategic merger aims to combine Mobix's defense and interconnect products with Peraso's mmWave solutions.

Key financial highlights include Peraso's Q1 2025 5G/mmWave revenues of $1.5M, surpassing its entire 2024 revenue of $1.3M. Mobix reported $10.7M in trailing-12-month revenue with ~450% YoY growth. The combined entity could generate approximately $20M in annual revenue. Peraso currently faces a Nasdaq compliance requirement to raise its market value to $35M by November 2025 from its current $5.9M market cap.

Peraso Inc. (NASDAQ:PRSO), a mmWave wireless technology solutions company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq that it has met the continued listing requirement by maintaining a closing bid price above $1.00 for 10 consecutive trading days, ending June 17, 2025. This compliance with Nasdaq Marketplace Rule 5550(a)(2) ensures Peraso's continued listing on the Nasdaq Capital Market, with Nasdaq considering the matter resolved.