Perion Network (PERI) Tops Q2 EPS by 23c

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Perion Delivers Record Revenues, Up 45% Year-Over-Year; GAAP Net Income Up 399% for the Third Quarter of 2021

October 26, 2021 6:30 AM EDT

Display Advertising revenues growth of 82% driven by high-impact video and CTV performance; Management increases guidance for 2021 and 2022

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers a holistic solution across the three main pillars of digital advertising ad search, social media, and display / video / CTV advertising today announced financial results for the third quarter ended September 30, 2021.

Doron Gerstel, Perions CEO, commented, During the first nine months of the year our display advertising generated more than $165 million of revenues,... More