Peraso Inc. (PRSO) Q4 2024 Earnings Call Transcript

Peraso Inc. (NASDAQ:PRSO) Q4 2024 Earnings Conference Call March 19, 2025 5:00 PM ET

Company Participants

James Sullivan – Chief Financial Officer
Ron Glibbery – Chief Executive Officer

Conference Call Participants

David Williams – Benchmark
Kevin Liu – K. Liu & Company

Operator

Good afternoon, and welcome to Peraso Inc.’s Fourth Quarter 2024 Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference call is being recorded today, Wednesday, March 19th, 2025.

I would now like to turn the call over to your host for today’s conference call, Mr. Jim Sullivan. Please go ahead.

James Sullivan

Good afternoon, and thank you for joining today’s conference call to discuss Peraso’s fourth quarter and full year 2024 financial results. I’m Jim Sullivan, CFO of Peraso and joining me today is Ron Glibbery, our CEO.

Today, after the market closed, we issued a press release and related Form 8-K, which was filed with the SEC. The press release and Form 8-K are available on Peraso’s website at www.perasoinc.com under the Investor Relations section. There is also a slide presentation that we will be using in conjunction with today’s call that may be accessed through the webcast link on the Investor Relations website.

As a reminder, comments made during today’s conference call may include forward-looking statements. All statements other than statements of historical fact could be deemed as forward looking. Peraso advises caution in reliance on forward-looking statements. These statements include, without limitation, any projections of revenue, margins, expenses, non-GAAP gross margin, non-GAAP gross profit, non-GAAP operating expenses, adjusted EBITDA, non-GAAP net loss, cash flows or other financial items, including anticipated cost savings. Also, any statements concerning the expected development, performance and market share or competitive performance of our products or technologies.

All forward-looking statements

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