Peraso receives approximately $10 million from Nant Capital amid sharp Q3 revenue decline
PRSO Peraso Inc
$0.31 -16.06%
View chart & analysis → - 1Peraso's Q3 revenue was $280,000, missing the Q3 consensus revenue of $630,000 by 54.9%.
- 2Nant Capital conducted a private placement of approximately $10 million following the end of the quarter.
- 3Peraso received production orders of more than $2 million in the Fixed Wireless Access (FWA) sector.
So what's the key point?
Peraso's Q3 revenue was $280,000, which was lower than what experts expected. The company received approximately $10 million in support from Nant Capital and also received orders of more than $2 million.
Source Earnings Whispers · View original ↗
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