Peraso reports preliminary Q4 revenue $3.9M

Additionally, the Company confirmed it has successfully collected approximately $1.5M in payments from a large customer toward the $1.6M in accounts receivable outstanding from this customer at September 30, 2022. CEO Ron Glibbery concluded, "We are pleased with our preliminary revenue results for the fourth quarter, which would represent 18% sequential growth, and we also remain very optimistic about our current opportunity pipeline. Combined with a prudent and more efficient cost structure for navigating the current market conditions, we believe the Company is poised to drive continued growth and improved bottom-line results."