Peraso Q3 2026 net loss more than doubles to $2.66 million; revenue drops 91% to $284,000
PRSO•Peraso’s third-quarter 2026 net loss more than doubled to $2.66 million, while revenue fell 91% to $284,000. An October production order exceeded $2 million, a private placement generated about $10 million in gross proceeds, and management expects revenue growth to resume in the fourth quarter.
1. Quarterly results and outlook
Peraso reported a third-quarter 2026 net loss of $2.66 million, more than double the year-earlier loss, as revenue fell 91% to $284,000. An October fixed wireless access production order exceeded $2 million, the largest such order in six quarters. A recently completed private placement with Nant Capital generated approximately $10 million in gross proceeds for working capital and drone communications development. Management expects a return to revenue growth beginning in the fourth quarter.
Related News
Core Scientific Chief Legal and Administrative Officer Todd DuChene reports sale of $124,548.42 in common shares
PRF Technologies receives Nasdaq delisting determination over minimum bid price requirement
