Perion Reports Revenues of $60.3 Million for the Second Quarter 2020

Go back to Perion Reports Revenues of $60.3 Million for the Second Quarter 2020

Perion Network (PERI) Tops Q2 EPS by 16c, Revenues Beat

August 5, 2020 6:20 AM EDT

Perion Network (NASDAQ: PERI) reported Q2 EPS of $0.07, $0.16 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $60.3 million versus the consensus estimate of $53.6 million.

Q2 2020 Highlights:

Total Revenues of $60.3 million, declined 5% year-over-year;GAAP Net Loss of $2.2 million, compared to Net Income of $2.9 million in the same period last year;Non-GAAP Net Income of $1.9 million, compared to $4.5 million in the same period last year;GAAP Loss Per Share of $0.08, compared to Earnings Per Share of $0.11 in the same period last year;Adjusted... More