SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Peraso, Inc. (PRSO) on Wednesday reported a loss of $14.6 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had a loss of 71 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 13 cents per share.
The semiconductor technology company posted revenue of $3.9 million in the period.
For the year, the company reported a loss of $32.4 million, or $1.61 per share. Revenue was reported as $14.9 million.
For the current quarter ending in March, Peraso said it expects revenue in the range of $4.7 million to $5 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSO at https://www.zacks.com/ap/PRSO