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Posted On: 10/17/2025 9:33:54 AM
Post# of 109833
$PRSO Peraso Receives Purchase Orders Totaling $0.5 Million for Memory Products
https://www.accessnewswire.com/newsroom/en/co...-p-1088037
SAN JOSE, CALIFORNIA / ACCESS Newswire / October 17, 2025 / Peraso Inc. (NASDAQ
RSO) ("Peraso" or the "Company"
, a pioneer in mmWave wireless technology solutions, today announced it has received additional non-cancelable purchase orders totaling $0.5 million. These orders represent unanticipated incremental last-time buys associated with the previously announced end-of-life ("EOL" program for the Company's memory integrated circuit products. Peraso has begun fulfilling these orders from inventory and expects shipments to be completed during the fourth quarter of 2025.
"We are pleased to receive these additional purchase orders for our EOL products, as we remain focused on the continued ramp and growth of shipments of our industry-leading mmWave solutions," said Ron Glibbery, CEO of Peraso. "In addition to demonstrating our customers' ongoing confidence in the Company and our technology, these unanticipated orders will contribute incremental revenue and cash flow to our consolidated results for the second half of the year."
For additional information, please visit www.perasoinc.com.
https://www.accessnewswire.com/newsroom/en/co...-p-1088037
SAN JOSE, CALIFORNIA / ACCESS Newswire / October 17, 2025 / Peraso Inc. (NASDAQ
RSO) ("Peraso" or the "Company" , a pioneer in mmWave wireless technology solutions, today announced it has received additional non-cancelable purchase orders totaling $0.5 million. These orders represent unanticipated incremental last-time buys associated with the previously announced end-of-life ("EOL" program for the Company's memory integrated circuit products. Peraso has begun fulfilling these orders from inventory and expects shipments to be completed during the fourth quarter of 2025. "We are pleased to receive these additional purchase orders for our EOL products, as we remain focused on the continued ramp and growth of shipments of our industry-leading mmWave solutions," said Ron Glibbery, CEO of Peraso. "In addition to demonstrating our customers' ongoing confidence in the Company and our technology, these unanticipated orders will contribute incremental revenue and cash flow to our consolidated results for the second half of the year."
For additional information, please visit www.perasoinc.com.
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