Peraso (NASDAQ:PRSO – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.15) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.03, FiscalAI reports. Weiss Ratings downgraded Peraso from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday. Wall Street Zen downgraded shares of Peraso from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 16th. View Our Latest Research Report on PerasoInstitutional Trading of PerasoA hedge fund recently raised its position in Peraso stock.