Perion Network (PERI) Reports Q3 EPS of $0.16, Revenues Beat; Affirms FY18 Adj. EBITDA Outlook
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Perion Reports Third Quarter 2018 Results
November 1, 2018 5:03 AM EDTCompany Demonstrates Strong Profitability and Reaffirms Full-Year $29M - $32M Adjusted EBIDTA Guidance;
Repaid $21M in Debt Year-to-Date, Achieving Positive Net Cash Position for the First Time in Four Years
TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI), a global innovator in delivering digital marketing solutions for brands that are relentlessly focused on their consumer relationships, announced today its financial results for the third quarter and nine months ended September 30, 2018.
Financial Highlights*
(In millions, except per share data)
Three months ended Nine months ended September 30, September 30, 2017 2018 2017 2018 Advertising revenues... More