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Peraso gets $500K in last-minute chip orders, boosting 2025 revenue and cash flow.
Peraso Inc. received $500,000 in non-cancelable purchase orders for memory integrated circuit products nearing end-of-life, driven by unanticipated last-time buys.
The company will fulfill the orders from existing inventory, with shipments expected by year-end 2025.
CEO Ron Glibbery said the orders reflect customer confidence and will boost second-half 2025 revenue and cash flow.
Peraso continues to focus on advancing its mmWave technology for applications like fixed wireless access and factory automation, while noting risks related to market conditions, manufacturing, and intellectual property.
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Peraso obtiene $500,000 en pedidos de chips de último minuto, aumentando los ingresos y el flujo de efectivo para 2025.