EX-99.1 2 prso_ex991.htm PRESS RELEASE BY PERASO INC EXHIBIT 99.1 Peraso Announces First Quarter 2024 Results Total Revenue Increased 54% Sequentially; GAAP Gross Margin Expanded to 46.4%, Non-GAAP to 66.4% SAN JOSE, Calif., May 13, 2024 – Peraso Inc. (NASDAQ:PRSO) (“Peraso” or the “Company”), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced financial results for the first quarter ended March 31, 2024. Management Commentary “First quarter revenue increased ...