Perion Network (PERI) Tops Q1 EPS by 26c

Perion Reports First Quarter 2015 Revenue of $52 Million, Adjusted EBITDA of $20 Million

May 6, 2015 7:01 AM EDT

TEL AVIV, Israel & SAN FRANCISCO--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI) announced today its financial results for the first quarter of 2015.

 

Financial Highlights *

(U.S. dollars in thousands, except for per share data)

  Three months ended March 31, 2014     2015 GAAP Revenues $   114,823 $   52,137   Revenue, net of Customer Acquisition Costs $ 55,241 $ 36,474   Adjusted EBITDA $ 33,562 $ 19,593   Non-GAAP Net Income $ 27,598 $... More