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Peraso Inc. (PRSO) Q4 2025 Earnings Call Transcript

Seeking Alpha

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⚡ Quantum Brief

Peraso reported Q4 2025 earnings on March 16, 2026, highlighting financial results and strategic updates. CEO Ronald Glibbery and CFO James Sullivan led the call, emphasizing progress in millimeter-wave (mmWave) and quantum technologies. Revenue projections for 2026 were cautiously optimistic, with guidance reflecting anticipated growth in 5G and quantum networking solutions. Non-GAAP metrics, including gross margins and EBITDA, were underscored as key performance indicators. The company reiterated its focus on expanding mmWave chipsets for data centers and quantum communication applications. Partnerships with telecom and defense sectors were cited as growth drivers amid competitive pressures. Forward-looking statements addressed R&D investments in quantum-resistant encryption and next-gen wireless tech. Analysts questioned cost-saving measures and market adoption timelines during the Q&A session. Peraso filed an 8-K with the SEC, detailing financials and operational milestones. Investor materials, including a slide deck, were made available on its website to supplement the earnings discussion.

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SA Transcripts159K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Peraso Inc. (PRSO) Q4 2025 Earnings Call March 16, 2026 4:30 PM EDT Company Participants James Sullivan - Chief Financial Officer & SecretaryRonald Glibbery - Co-Founder, CEO & Director Conference Call Participants David Williams - The Benchmark Company, LLC, Research DivisionKevin Liu - K. Liu & Company LLC Presentation Operator Good afternoon, and welcome to Peraso Inc.'s Third Quarter 2025 Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded today. Monday, the 16th of March 2026. I would now like to turn the call over to your host for today's conference call, Mr. Jim Sullivan. Please go ahead. James SullivanChief Financial Officer & Secretary Good afternoon, and thank you for joining today's conference call to discuss Peraso Fourth Quarter and Full Year 2025 financial results. I'm Jim Sullivan, CFO of Peraso, and joining me today is Ron Glibbery, our CEO. Today, after the market closed, we issued a press release and related Form 8-K, which was filed with the Securities and Exchange Commission. The press release and Form 8-K are available on Peraso's website at www.perasoinc.com under the Investor Relations section. There is also a slide presentation that we will be using in conjunction with today's call that may be accessed through the webcast link on the Investor Relations website. As a reminder, comments made during today's conference call may include forward-looking statements. All statements other than statements of historical fact could be deemed as forward-looking. Peraso advises caution and reliance on forward-looking statements. These statements include, without limitation, any projections of revenue, margins, expenses, non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, adjusted EBITDA, non-GAAP net loss cash flows or other financial items, including anticipated cost savings as well as any statements concerning the expected development, performance and market share or competitive performance of our products or technologies and any statements related

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