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

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

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

August 5, 2020 6:00 AM EDT

Company advances long-term growth strategy amidst Q2 volatility;
Accretive strategic acquisition of Pub Ocean in Q3;
Improved visibility and strong indicators for accelerating growth lead to H2 2020 Revenues and Adjusted EBITDA guidance

TEL AVIV & NEW YORK--(BUSINESS WIRE)--  

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... More