Peraso: Q1 Earnings Snapshot

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Peraso, Inc. (PRSO) on Monday reported a loss of $2 million in its first quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of $1.07. Losses, adjusted for one-time gains and costs, came to 83 cents per share.

The semiconductor technology company posted revenue of $2.8 million in the period.

For the current quarter ending in June, Peraso said it expects revenue in the range of $3.7 million to $4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSO at https://www.zacks.com/ap/PRSO

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