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Shares of Perion Network (NASDAQ:PERI) moved higher by 0.3% in pre-market trading after the company reported Q3 results.
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Quarterly Results
Earnings per share increased 16.67% over the past year to $0.21, which beat the estimate of $0.07.
Revenue of $83,413,000 higher by 26.81% from the same period last year, which beat the estimate of $79,240,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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How To Listen To The Conference Call
Date: Oct 28, 2020
Time: 08:00 AM
ET Webcast URL: https://www.perion.com/events-ir/
Recent Stock Performance
Company's 52-week high was at $9.70
52-week low: $3.43
Price action over last quarter: Up 23.71%
Company Overview
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Makemereach and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.