---
title: "Peraso Q4 revenue falls on low shipments for memory products"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279318946.md"
datetime: "2026-03-16T20:26:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279318946.md)
  - [en](https://longbridge.com/en/news/279318946.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279318946.md)
---

# Peraso Q4 revenue falls on low shipments for memory products

)

Overview

-   U.S. mmWave wireless tech firm’s Q4 revenue fell year-over-year
-   Quarterly net loss narrowed from prior year as operating expenses declined
-   Full-year mmWave product revenue grew six-fold over 2024, offsetting lower memory IC shipments

Outlook

-   Company says it is encouraged by growing market awareness of 60 GHz wireless technology
-   Peraso plans to broaden its customer base and pipeline of design wins in 2026

Result Drivers

-   MMWAVE PRODUCT GROWTH - Co said full-year mmWave product revenue grew six-fold over 2024, supported by increased shipments
-   LOWER MEMORY IC SHIPMENTS - Co attributed Q4 year-over-year revenue decline primarily to lower shipments of memory IC products
-   OPERATING EXPENSE REDUCTION - Co said lower operating expenses in Q4 were mainly due to reduced stock-based compensation and end of intangible asset amortization Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Miss $2.9 mln $2.96

Revenue mln (2

Analysts

)

Q4 Beat $1.20 -$1.48

Adjusted mln mln (2

Net Analysts

Income )

Q4 Net -$1.20

Income mln

Q4 Beat -$1.10 -$1.40

Adjusted mln mln (2

EBITDA Analysts

)

Q4 Gross 52.20%

Margin

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 $2.73, about 82.9% above its March 13 closing price of $1.49 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)

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