Perion Network (PERI) Tops Q2 EPS by 11c; Offers FY22 Revenue Guidance

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Perion’s Momentum Continues, Achieves Record Second Quarter With Revenue Up 34% Year-over-Year, Net Income Up 175%

August 3, 2022 6:05 AM EDT

Company Reiterates Annual Guidance, Reflecting Ongoing Confidence in Sustainable Growth Despite Challenging Macro Environment

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary channels of digital advertising ad search, social media and display / video / CTV advertising today reported record financial results for the second quarter ended June 30, 2022.

Second quarter 2022 results mark Perions eighth consecutive quarter of year-over-year revenue and Adjusted EBITDA growth, demonstrating the predictability and sustainability of our business model,... More