Peraso Q3 revenue beats estimates

Peraso

10/11/2025 21:19

Overview

Peraso Q3 revenue grows 45% sequentially, beating analyst expectations

Adjusted net income and EBITDA for Q3 beat analyst estimates

Company secured design wins and collaboration with WeLink for broadband deployment

Outlook

Company expects Q4 2025 revenue between $2.8 mln and $3.1 mln

Result Drivers

MMWAVE PRODUCT REVENUE - Revenue from mmWave products increased 35% sequentially, reaching a quarterly record

DESIGN WINS - Peraso secured multiple design wins, including a collaboration with WeLink for broadband deployment

NEW CUSTOMER ORDER - Received a $0.9 mln order from a new OEM customer for fixed wireless access equipment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$3.23 mln
$3.04 mln (3 Analysts)
Q3 Net Income
-$1.20 mln
Q3 Adjusted EBITDA
Beat
-$1 mln
-$1.59 mln (3 Analysts)
Q3 Gross Margin
56.20%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Peraso Inc is $2.75, about 58.5% above its November 7 closing price of $1.14

Press Release: ID:nACSLKXPYa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)