Peraso Inc. Lowers Q1 Revenue Guidance by ~20% and Expands ATM Offering by $2.1M
PRSO sits 76% above its 52-week low of $0.551 on light trading volume (0.1× avg).
Summary
Peraso Inc. revised its Q1 2026 revenue guidance down by approximately 20% to $0.9M-$1.0M and expanded its At-The-Market (ATM) offering program by an additional $2.125 million.
Key Events · Financing and Capital Events · PRSO
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Q1 Revenue Guidance Significantly Lowered
The company now expects total revenues for Q1 2026 to be approximately $0.9 million to $1.0 million, a substantial reduction from its previous guidance of approximately $1.2 million announced on March 16, 2026. This represents a ~20% decrease from the prior estimate.
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At-The-Market (ATM) Offering Program Expanded
Peraso Inc. increased the maximum number of shares issuable under its existing ATM offering program by an additional $2,125,000. This is in addition to approximately $7,245,131 in shares already sold under the program established on August 30, 2024, indicating a continued need for capital and potential for further shareholder dilution.
Analysis · PRSO · Manufacturing
Peraso Inc. has announced a significant downward revision to its first-quarter revenue expectations, now projecting $0.9M-$1.0M, a notable decrease from its prior guidance of $1.2M. This substantial miss on revenue expectations signals potential operational challenges or weaker-than-anticipated market demand. Concurrently, the company is expanding its At-The-Market (ATM) offering program by an additional $2.125 million. This expansion, following approximately $7.2 million already sold under the program, indicates a continued need for capital and will result in further dilution for existing shareholders. The combination of reduced revenue guidance and increased reliance on dilutive financing presents a strong negative signal for investors, highlighting financial pressures and a challenging outlook.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 36.5% of the 953 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PRSO was trading at $0.97 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.6M. The 52-week trading range was $0.55 to $2.37. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.