Peraso (PRSO) Q2 FY26 earnings call

Peraso Inc. reported Q2 FY26 revenue above expectations, driven by a delayed order shipment, but continues to face macro headwinds and irregular order patterns in its core fixed wireless access business. The company is strategically diversifying into high-value defense, autonomous edge AI, and UAV markets, introducing new jam-resistant communication modules and engaging with new customers. Despite near-term challenges, management is optimistic about future growth from these emerging opportunities and ongoing cost management.