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Peraso to Attend and Showcase the Advantages of 60 GHz Fixed Wireless Access at Futurecom 2024
ACCESSWIRE (Wed, 25-Sep 8:02 AM ET)
ACCESSWIRE (Mon, 23-Sep 8:43 PM ET)
Peraso Inc. Secures Purchase Order for Military Use of mmWave Technology
ACCESSWIRE (Tue, 17-Sep 8:09 AM ET)
Presenting on the Emerging Growth Conference 74 Day 2 on August 22 Register Now
Globe Newswire (Wed, 21-Aug 7:00 AM ET)
Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now
Globe Newswire (Tue, 20-Aug 7:00 AM ET)
Peraso to Participate at Upcoming Investor Conferences
ACCESSWIRE (Mon, 19-Aug 8:16 AM ET)
Peraso Announces Second Quarter 2024 Results
ACCESSWIRE (Mon, 12-Aug 4:07 PM ET)
ACCESSWIRE (Wed, 7-Aug 8:07 AM ET)
Tachyon Networks Announces New Fixed Wireless Products Based on Peraso 60 GHz mmWave Technology
ACCESSWIRE (Mon, 29-Jul 8:11 AM ET)
Peraso Announces Preliminary Second Quarter 2024 Revenue Results Above Guidance
ACCESSWIRE (Tue, 16-Jul 8:03 AM ET)
Peraso Inc is a fabless semiconductor company focused on the development and sale of: i) millimeter wavelength wireless technology, or mmWave, semiconductor devices and antenna modules based on its proprietary semiconductor devices and ii) performance of non-recurring engineering, or NRE, services and licensing of intellectual property, or IP. The company's primary focus is the development of mmWave, which is generally described as the frequency band from 24 Gigahertz, or GHz, to 300 GHz. Geographically the company generates revenue from the United States, Hong Kong, Taiwan, and the Rest of the World.
Peraso trades on the NASDAQ stock market under the symbol PRSO.
As of September 26, 2024, PRSO stock price declined to $1.38 with 23,678 million shares trading.
PRSO has a beta of 6.09, meaning it tends to be more sensitive to market movements. PRSO has a correlation of 0.04 to the broad based SPY ETF.
PRSO has a market cap of $3.90 million. This is considered a Sub-Micro Cap stock.
Last quarter Peraso reported $4 million in Revenue and -$.88 earnings per share. This beat revenue expectation by $121,000 and missed earnings estimates by -$.52.
The top ETF exchange traded funds that PRSO belongs to (by Net Assets): VXF.
PRSO has underperformed the market in the last year with a price return of -99.6% while the SPY ETF gained +36.0%. PRSO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.2% and +0.6%, respectively, while the SPY returned +5.2% and +2.7%, respectively.
PRSO support price is $1.34 and resistance is $1.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PRSO shares will trade within this expected range on the day.