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Stock impact report

Peraso Inc (PRSO) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Wins ... [Yahoo! Finance]

Peraso Inc. (PRSO) 
Company Research Source: Yahoo! Finance
Product Revenue: $3.8 million for Q3 2024, compared to $4.1 million in the prior quarter and $4.3 million in Q3 2023. Royalty and Other Revenue: $30,000 for Q3 2024, compared to $0.1 million in the prior quarter and $0.2 million in Q3 2023. GAAP Gross Margin: 47% for Q3 2024, down from 55.5% in the prior quarter and 45.4% in Q3 2023. Non-GAAP Gross Margin: 61.7% for Q3 2024, compared to 68.8% in the prior quarter and 58% in Q3 2023. GAAP Operating Expenses: $4.5 million for Q3 2024, compared to $6.8 million in the prior quarter and $5.6 million in Q3 2023. Non-GAAP Operating Expenses: $3.3 million for Q3 2024, compared to $4.9 million in the prior quarter and $4 million in Q3 2023. GAAP Net Loss: $2.7 million or 98 per share for Q3 2024, compared to a net loss of $4.4 million or $1.88 per share in the prior quarter. Non-GAAP Net Loss: $0.9 million or 34 per share for Q3 2024, compared to a non-GAAP net loss of $2.1 million or 88 per share in the prior quarter. Adjuste Show less Read more
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