Peraso Inc. provided revenue guidance for the fourth quarter and full year ended December 31, 2023. The company estimates its total revenue for the three months ended December 31, 2023, to be in the range of approximately $1.6 million to $1.9 million. The Company?s estimated royalty and other revenue for the three months ended December 31, 2023 is projected to be in the range of approximately $0.1 million to $0.4 million.

The Company?s estimated total revenue for the year ended December 31, 2023 is projected to be in the range of approximately $13.6 million to $13.8 million. The Company?s estimated royalty and other revenue for the year ended December 31, 2023 is projected to be in the range of approximately $0.7 million to $0.9 million.