Peraso Inc. (PRSO) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Welcome to Perasso Inc.' 's first quarter 2025 conference call. At this time, all participants are in a listen-only mode. If anyone needs assistance at any time during this conference call, please press the star key followed by zero on your touchtone phone. As a reminder, this conference call is being recorded today, Monday, May 12, 2025. I would now like to turn the call over to your host for today's conference call, Mr. Jim Sullivan. Please go ahead. Good afternoon, and thank you for joining today's conference call to discuss Perasso's first quarter 2025 financial results. I'm Jim Sullivan, CFO of Perasso, and joining me today is Ron Glibury, our CEO. Today, after the market closed, we issued a press release and related Form 8K, which was filed with the Securities and Exchange Commission. The press release and Form 8K are available on Parasso's website at www.parassoinc.com under the Investor Relations section. There is also a slide presentation that we will be using in conjunction with today's call that may be accessed through the webcast link on our Investor Relations website. As a reminder, comments made during today's conference call may include forward-looking statements. All statements other than statements of historical fact could be deemed as forward-looking. Barrasso advises caution and reliance on forward-looking statements. These statements include, without limitation, any projections of revenue, margins, expenses, non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, adjusted EBITDA, non-GAAP net loss, cash flows, or other financial items, including anticipated cost savings. Also, any statements concerning the expected development, performance, and market share of or competitive performance of our products or technol...