Perion Network (PERI) Tops Q1 EPS by 14c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. FIX
9. TSCO
10. BE

Go back to Perion Network (PERI) Tops Q1 EPS by 14c, Revenues Beat

 Perion Reports $1.3 Million in GAAP Net Income and $6.2 Million in Adjusted EBITDA for the First Quarter 2020

May 6, 2020 6:30 AM EDT

Company continues its 2019 momentum, driving 23% year over year topline growth;

seasoned management team taking range of strategic steps to preserve cash and leverage financial strength amidst COVID-19 uncertainty

Q1 2020 Highlights:

Total Revenues of $66.1 million, increased 23% year-over-year; GAAP Net Income of $1.3 million, increased 8% year-over-year; Non-GAAP Net Income of $5.0 million, increased 53% year-over-year; GAAP Earnings Per Share of $0.05, no change year-over-year; Adjusted EBITDA of $6.2 million, increased 22% year-over-year; Net Cash provided from operations was $2.5 million; decreased 82% year-over-year; Net Cash decreased from $45.0... More