Perion Network (PERI) Announces Proposed $50M Share Follow-On Offering

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Go back to Perion Network (PERI) Announces Proposed $50M Share Follow-On Offering

Perion Network (PERI) Prices Upsized $57.4 Million Follow-on Offering of Ordinary at $11.50/sh

January 20, 2021 8:50 AM EST

Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising ad search, social media and display / video / CTV advertising today announced the pricing of a follow-on public offering of 4,990,000 of its ordinary shares at a public offering price of $11.50 per share, for gross proceeds of... More

Perion Network (PERI) Pre-Announces 4Q & FY20 EPS Results Above Consensus; FY20 Revenue Results Above Consensus

January 19, 2021 4:08 PM EST

Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising - ad search, social media and display / video / CTV advertising today announced preliminary results for the fourth quarter and full year 2020. Management now expects to exceed the previously announced guidance for both revenue and Adjusted EBTIDA. Additionally, the Company has pre-announced anticipated results for GAAP EPS and non-GAAP EPS.

Based on a preliminary (unaudited) review, the Company anticipates:

Revenue of $110 million to $115 million and $320... More