Perion Network (PERI) Tops Q3 EPS by 11c, Revenues Beat

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Go back to Perion Network (PERI) Tops Q3 EPS by 11c, Revenues Beat

Perion Reports $0.11 in EPS for the Third Quarter of 2019; Generating $33.5 Million Cash from Operations Year to Date Compared to $32.8 Million for the Entire 2018

November 6, 2019 6:00 AM EST

 Third Quarter 2019 Highlights:

Total Revenues of $65.8 million, increased 15% year-over-year; GAAP Net Income of $2.9 million, increased 31% year-over-year; GAAP Earnings Per Share of $0.11, increased 38% year-over-year; Net cash from operations were $11.1 million, increased 1% year-over-year; Management is reaffirming its full-year guidance for Adjusted EBITDA of $25-27 million and now expects to reach or exceed the top end of the range.

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI), a global technology company that delivers Synchronized Digital Branding solutions across the... More