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Nasdaq: $PRSO Continuously Increasing, Price target of $3.75 based on a 3x revenue multiple.
Cash Position: $2 million; recent fundraising of $6.4 million
Nasdaq: $PRSO Price target of $3.75 based on a 3x revenue multiple.
Cash Position: $2 million; recent fundraising of $6.4 million
Peraso Nasdaq: $PRSO focuses on 60 GHz and 5G mmWave technology, with a legacy IC memory line yielding a 70% gross margin through Q1 2025.
$PRSO Market Opportunity:
The mmWave technology market is valued at $3.4B, growing at 20% CAGR.
FWA CPE shipments surpassed Cable CPE in Q2 2024, with 5G mmWave FWA projected to grow 22%.
Peraso Inc. will present its 60GHz mmWave wireless solutions at WISPAPALOOZA 2024, offering fast, cost-effective internet for urban and rural areas, challenging fiber networks.
Peraso Inc. will present its 60GHz mmWave wireless solutions at WISPAPALOOZA 2024, offering fast, cost-effective internet for urban and rural areas, challenging fiber networks.
Nasdaq: $PRSO Price target of $3.75 based on a 3x revenue multiple.
Cash Position: $2 million; recent fundraising of $6.4 million
Memory Product Phase-Out: Anticipated $9-10 million revenue loss in 2025
Nasdaq: $PRSO Q2 2024 Revenue: $4.2 million, with mmWave revenue up 180%.
Cash Position: $2 million at Q2 end; $6.4 million raised recently.Market Cap: ~$4 million; currently undervalued.
Breaking News: Nasdaq: $PRSO, Peraso Inc. DUNE Platform Order in Kenya
Breaking News: Nasdaq: $PRSO, Peraso Inc. DUNE Platform Order in Kenya
Junk stock, had to sell when strato stopped supporting it
I saw strato alerted it on the dip again. Before I got to buy it already went green again after their call lol $PRSO
Bought a lot of shares today on the Strato Group alert. $PRSO
$PRSO Tachyon Networks Announces New Fixed Wireless Products Based on Peraso 60 GHz mmWave Technology
https://www.accesswire.com/893439/tachyon-networks-announces-new-fixed-wireless-products-based-on-peraso-60-ghz-mmwave-technology
SAN JOSE, CA / ACCESSWIRE / July 29, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced that Tachyon Networks Inc. ("Tachyon Networks") is expanding its range of high-gain antenna kits to enhance its TNA-303X 60GHz terminal, which is powered by Peraso's mmWave Perspectus modules and X720 chipset. Tachyon Network's kits, operating in the license-free 60GHz band, extend the operational range for multi-gigabit data connectivity and address the growing demand for reliable broadband solutions.
Tachyon Networks' products enrich the expanding market of wireless internet service providers (WISPs), which enable subscribers to connect to the internet via Wi-Fi at designated hotspots or access points. They also support closed-circuit television (CCTV) systems, which use video surveillance cameras to transmit signals to specific monitors for surveillance and security purposes.
Tachyon Networks' modular architecture for 60GHz radios allows for the easy application of these antenna kits to its TNA-303X terminal, increasing its operational range when needed. The new TNA-AK-300 supports ranges of up to 8km in PTP mode and 5km in PTMP mode. The TNA-AK-S-90, a pioneering antenna kit, maintains azimuth scanning while enhancing signal strength and focusing the beam. These products complement the TNA-AK-100, which is known for its strong gain in a compact form factor.
"Tachyon Networks has rapidly developed an impressive product line," said Ron Glibbery, CEO of Peraso. "The positive reception from the WISP and CCTV communities is gratifying. With the rising global demand for affordable, independent broadband network solutions, Tachyon Networks and Peraso are well-positioned to capitalize on the growing need for 60GHz products by offering flexible solutions at competitive prices."
"Tachyon Networks believes our innovative fixed wireless solutions set us apart," said Lindsey Barlow, co-founder and CEO of Tachyon Networks. "Our new antenna kits provide the flexibility to address any installation scenario involving mmWave fixed networks. By integrating Peraso's 60GHz core technology with our innovative solutions, we enable WISPs and system integrators to deliver multi-gigabit speeds and reliability comparable to fiber or cable, with significantly lower installation overhead."
$PRSO Ian Mcwalter Buys 100,000 Shares of Peraso Inc. (NASDAQ:PRSO) Stock
https://www.defenseworld.net/2024/06/15/ian-mcwalter-buys-100000-shares-of-peraso-inc-nasdaqprso-stock.html
Peraso Inc. (NASDAQ:PRSO – Get Free Report) Director Ian Mcwalter bought 100,000 shares of Peraso stock in a transaction that occurred on Tuesday, June 11th. The shares were acquired at an average cost of $1.27 per share, with a total value of $127,000.00. Following the acquisition, the director now owns 101,246 shares of the company’s stock, valued at $128,582.42. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Peraso (NASDAQ: PRSO) Gains Momentum as a Leader in Emerging mmWave Technology, Stock Rises 17.32%
https://thestreetreports.com/peraso-nasdaq-prso-gains-momentum-as-a-leader-in-emerging-mmwave-technology-stock-rises-17-32/
Peraso (NASDAQ: PRSO) has established itself as a prominent figure in the rapidly expanding mmWave technology market, gaining notable recognition in this sector. On Wednesday, June 12, 2024, the stock experienced a surge of 17.32%, closing at $1.49 with a trading volume of 246,526 shares. Furthermore, Ladenburg Thalmann, a distinguished Wall Street firm since 1876, initiated coverage of Peraso on the same day.
According to research by Grandview Research in January 2024, the global mmWave market reached $3.75 billion in 2023. The study indicates that the application of mmWave technology in consumer-related sectors could drive a new market, creating a potential paradigm shift and leading to a compound annual growth rate (CAGR) of around 40% until 2030.
The mmWave technology market is projected to exceed $55 billion by the end of the decade, fueled by the growing use of bandwidth-intensive applications and the demand for high-speed IoT solutions. Established in 2009, Peraso has been dedicated to mmWave solutions, emerging as the leading player in mmWave device production and pioneering high-volume mmWave production test methodologies.
Furthermore, Peraso’s industry profile continues to rise, the company will participate in the 16th Annual CEO Investor Summit 2024. The event will take place at the St. Regis Hotel in San Francisco, California, on July 10. Peraso’s CEO, Ron Glibbery, and CFO, Jim Sullivan, will attend the summit.
Several major public companies in the millimeter wave (mmWave) technology sector include: AT&T Inc. (NYSE: T), Nokia Corporation (NYSE: NOK), Ericsson (NASDAQ: ERIC), Qualcomm Incorporated (NASDAQ: QCOM), among others.
$PRSO Peraso To Participate at the 16th Annual CEO Investor Summit 2024
https://www.accesswire.com/873272/peraso-to-participate-at-the-16th-annual-ceo-investor-summit-2024
SAN JOSE, CA / ACCESSWIRE / June 10, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced Ron Glibbery, CEO, and Jim Sullivan, CFO, will participate at the 16th Annual CEO Investor Summit 2024, being held Wednesday, July 10th at the St. Regis Hotel, San Francisco, CA.
The presentation material utilized during the CEO Investor Summit will be made accessible on the Events page of the Company's website.
About the 16th Annual CEO Investor Summit 2023
The CEO Investor Summit is collectively hosted and funded by participating companies and features a "round-robin" format consisting of small group meetings with company management teams. During the event, investors and analysts will have the opportunity to meet with the majority of the 13 management teams during the small group meeting sessions, as well as opportunities to meet with management during the breakfast and lunch networking sessions.
The 13 management teams collectively hosting the 16th Annual CEO Investor Summit 2024 include: ACM Research (ACMR), Aehr Test Systems (AEHR), Alpha & Omega Semiconductor (AOSL), Axcelis (ACLS), Bitdeer Technologies (BTDR), Camtek (CAMT), Cohu, Inc. (COHU), FormFactor (FORM), Ichor Systems (ICHR), Kulicke & Soffa (KLIC), nLIGHT, Inc. (LASR), Peraso, Inc. (PRSO) and SkyWater Technology (SKYT). Jefferies, Stifel and TD Cowen, a division of TD Securities, are sponsors of the conference.
Attendance at the CEO Investor Summit is by invitation only and is available solely to accredited investors and publishing research analysts. As space is limited, please RSVP early. Hosts reserve the right to limit attendance as necessary. Last day for registration is June 28, 2024.
RSVP Contacts for 16th Annual CEO Investor Summit 2024
To RSVP for the CEO Investor Summit, please contact either of the event co-chairs.
Laura J. Guerrant-Oiye Claire E. McAdams
Phone: (808) 960-2642 Phone: (530) 265-9899
Email: lauraoiye@gmail.com Email: claire@headgatepartners.com
$PRSO Peraso Achieves ISO 9001:2015 Certification for Suite of mmWave Solutions
https://www.accesswire.com/871145/peraso-achieves-iso-9001-2015-certification-for-suite-of-mmwave-solutions
SAN JOSE, CA / ACCESSWIRE / June 4, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology, is proud to announce that it has achieved ISO 9001:2015 certification, underscoring the Company's commitment to quality and customer satisfaction in the design and manufacture of its innovative mmWave products and solutions.
ISO 9001:2015 is an internationally recognized quality management standard developed by the International Organization for Standardization (ISO). This certification is based on several quality management principles, including a strong customer focus, involvement of high-level company management, and a process-driven approach, and demonstrates Peraso's dedication to meet and exceed customer expectations.
"At Peraso, our focus on quality and innovation is at the core of everything we do. Achieving ISO 9001:2015 certification is a significant milestone that reaffirms our commitment to delivering superior mmWave wireless solutions that meet the highest standards of excellence," said Brad Lynch, COO, Peraso. "This certification is a testament to the hard work and dedication of our team, provides our customers with the reassurance that our technology meets the most internationally recognized standards and reinforces our position as a trusted supplier."
The ISO 9001:2015 certification process involved a comprehensive audit of Peraso's mmWave solutions and encompassed all aspects of the Company's operations, including product development, manufacturing, customer support and fulfillment. This certification reaffirms Peraso's status as a quality-driven provider of high-performance wireless solutions for a wide range of applications.
For more information about Peraso and its ISO 9001:2015 certification, please visit www.perasoinc.com.
PRSO.............................https://stockcharts.com/h-sc/ui?s=PRSO&p=W&b=5&g=0&id=p86431144783
Yep sorry to say they did a S-1 offering too close to the reverse split and killed it, should slowly recover now that the offering is closed, doubled down my position under $2
Still bullish, but lowered my price target from $19 to $12 this year.
Crazing trade on this one since the reverse split, now trading at 6.16 which would have been .155 pre split. Look at all these after hour (1) share trades.
https://ih.advfn.com/stock-market/NASDAQ/peraso-PRSO/trades
Keep in mind PRSO has open purchase orders for over $11,000,000. Sales for 2023 will be $15M plus, current market cap $4M!
PRSO screaming buy me, fair market value is $19+
Trending 🔥 before the 🔥
How much will they panick sell after watching it br8kout again ....people are sheep.
Little more volume and .45
Excellent move today!!!
$PRSO ALERTED @ .15
$PRSO .15, cheap penny to put on watch, got a little spike here
— MarkBagger (@MarkBagger) November 7, 2023
And I'm out love these bottom fill turds
call volume up 15,600%,zero puts,great sign of long confidence
before new contracts,mrq book value $1.03,analyst target price $1.00