N6Z Company Report

Analyst Coverage

Research analysts covering N6Z.

Recent press releases and 8-K filings for N6Z.

Peraso Reports Q3 2025 Financial Results and Q4 2025 Revenue Guidance

N6Z

Earnings

Guidance Update

Revenue Acceleration/Inflection

Peraso reported total net revenue of $3.2 million for Q3 2025, representing a sequential increase of over 45% from the prior quarter, primarily driven by record quarterly revenue of $3 million from its millimeter wave products.
The company's GAAP gross margin increased to 56.2% in Q3 2025, up from 48.3% in the prior quarter.
Key business developments include securing an initial volume order from a new OEM customer for Perspectus mmWave modules and the successful completion of initial field trials for a jointly developed system solution for tactical defense applications.
As of September 30, 2025, Peraso had approximately $1.9 million in cash.
For Q4 2025, Peraso expects total net revenue to be in the range of $2.8 million to $3.1 million.

Nov 10, 2025, 9:30 PM

N6Z Q3 2025 Earnings Slide Highlights Pipeline Growth

N6Z

New Projects/Investments

Revenue Acceleration/Inflection

N6Z's Q3 2025 earnings slide, published on November 10, 2025, includes an update on its SKU-based pipeline, comparing Q4 2023 to Q4 2025.
The company reported a substantial increase in Customer SKUs in Production, rising from 31 in Q4 2023 to 57 in Q4 2025.
The Global Pipeline showed growth in early-stage opportunities, with Evaluation opportunities increasing from 14 in Q4 2023 to over 30 in Q4 2025.
Design Win opportunities in the pipeline increased from 3 in Q4 2023 to 8 in Q4 2025, and Pre-Production opportunities grew from 0 to 4; however, Design In opportunities slightly decreased from 7 to 6.

Nov 10, 2025, 9:30 PM

Peraso Provides Business Update and Financial Outlook

N6Z

Guidance Update

Revenue Acceleration/Inflection

M&A

Peraso (N6Z) is a Toronto-based semiconductor company specializing in mmWave technology for high-speed wireless applications, having shipped over 2 million chips worldwide.
The company reported $14.5 million in revenue for fiscal 2024, with 90% from legacy memory products. mmWave revenue is growing significantly, from $1.5 million in 2024 to $3.8 million year-to-date in 2025, with guidance of $2.8 million to $3 million for the next quarter, projecting around $10 million for 2025.
Peraso targets profitability by mid-2026, needing approximately $6 million in gross margin per quarter to cover its $3 million non-GAAP OpEx.
Peraso is targeting high-growth markets including fixed wireless access, tactical communications, high-speed bandwidth for edge AI, and transportation, with the overall mmWave market forecast to have one of the highest growth rates in communications, and a projected 42% growth rate for mmWave technology in defense.
Peraso has received an acquisition offer from Mobix Labs at $1.30 per share, which is below its current trading price of approximately $1.60, and the board is working with Craig Hallum on a process.

Oct 22, 2025, 1:30 PM

Parazzo Provides Business and Financial Update at MicroCap Showcase

N6Z

Revenue Acceleration/Inflection

New Projects/Investments

M&A

Parazzo, a leader in millimeter wave technology, projects its millimeter wave revenue to reach approximately $10 million for the current fiscal year, a significant increase from $1.5 million in fiscal year 2024.
The company is targeting a 50% gross margin for its millimeter wave products and aims to reach quarterly breakeven by mid-2026, requiring $6 million in revenue per quarter against a non-GAAP OpEx of approximately $3 million per quarter.
Key growth drivers include the US $45 billion BEAD program, expected to positively impact business from 2026, and ongoing trials and shipments for tactical communications in the military market.
Parazzo reported $1.8 million in cash as of June 30 and has no debt.
The company is currently subject to an unsolicited takeover bid from Mobix Labs at $1.30 per share, which is below its current trading price of around $1.60, with Mobix Labs communicating an intent to go hostile.

Oct 22, 2025, 1:30 PM

Peraso Reports Strong mmWave Revenue Growth and Considers Takeover Bid

N6Z

Revenue Acceleration/Inflection

Guidance Update

Takeover Bid

Peraso, a semiconductor company focused on mmWave technology, reported $14.5 million in total revenue for fiscal year 2024, with $1.5 million attributed to mmWave products.
The company projects substantial growth in mmWave revenue, having achieved $3.8 million year-to-date in 2025 and providing guidance of $2.8 million - $3 million for the next quarter, with an estimated $10 million in mmWave revenue for FY2025.
Peraso aims to reach breakeven by mid-2026, which would require approximately $6 million in quarterly revenue, and held $1.8 million in cash as of June 30th.
Strategic growth drivers include the $45 billion BEAD program in the US (expected to impact business positively from 2026) and recent military design wins, with several thousand parts shipped in June for ongoing trials in the Middle East.
The company's board is exploring strategic alternatives, including an unsolicited acquisition offer from Mobix Labs at $1.30 per share, while Peraso's stock is trading around $1.60 per share.