Perion Reports 27% Year Over Year Topline Growth for the Third Quarter of 2020

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Perion Network (PERI) Tops Q3 EPS by 14c, Revenues Beat

October 28, 2020 6:36 AM EDT

Perion Network (NASDAQ: PERI) reported Q3 EPS of $0.21, $0.14 better than the analyst estimate of $0.07. Revenue for the quarter came in at $83.4 million versus the consensus estimate of $79.24 million.

Perion is successfully weathering pandemic driven volatility due to our ongoing strategic diversification across the three main pillars of digital advertising, which we implemented before the pandemic to insulate us against jolts in any single advertising channel, commented Doron Gerstel,... More