Perion Network (PERI) Tops Q4 EPS by 25c

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Perion Continues Momentum, Delivering 34% Year-Over-Year Record Revenue Growth in the Fourth Quarter While Doubling Net Income

February 9, 2022 6:00 AM EST

Company generated $39 million in GAAP Net Income for full year 2021 with $1.02 in EPS and $70 million in Adjusted EBITDA; Management increases guidance for 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 record financial results for the fourth quarter and full-year period ended December 31, 2021.

Doron Gerstel, Perions CEO, commented, Record fourth quarter and full year outstanding... More