Peraso Announces Second Quarter 2026 Results

SAN JOSE, CA / ACCESS Newswire / August 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced financial results for the second quarter ended June 30, 2026.

"Second quarter revenue increased approximately 36% sequentially and was above our previous expectations, primarily reflecting the fulfillment of a previously delayed order shipment to a new fixed wireless access customer," commented Ron Glibbery, CEO of Peraso. "Our overall business continues to be impacted by irregular order patterns, as fixed wireless access customers navigate inflated memory prices and constrained supply of other key components. We expect these market dynamics to extend into the fourth quarter.