Market Overview

Perion Sees 2013 Revenues Exceeding $110M

Perion Network (NASDAQ: PERI) announced today revenue estimates for
2012 and its guidance for 2013.

Revenues in the fourth quarter of 2012 are expected to reach a record
$21 million, more than double the fourth quarter of 2011. This will
bring total non-GAAP revenues for 2012 to $61 million, increasing 64%,
from $37 million in 2011. The $61 million exceeded the updated guidance
of $55 million and includes one month of results from the acquisition of
SweetPacks. Perion intends to report final 2012 financial results at the
beginning of March.

2013 Financial Outlook:

Revenue is

See full press release

Posted-In: Earnings News Guidance Management Global

 

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