SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Peraso, Inc. (PRSO) on Wednesday reported a loss of $1.6 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had a loss of 37 cents. Losses, adjusted for one-time gains and costs, were 13 cents per share.
The semiconductor technology company posted revenue of $3.7 million in the period.
For the year, the company reported a loss of $10.7 million, or $3.57 per share. Revenue was reported as $14.6 million.
For the current quarter ending in March, Peraso said it expects revenue in the range of $3.6 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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