Recap: Perion Network Q1 Earnings - Perion Network (NASDAQ:PERI)

Perion Network PERI reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:39 AM.

Here's what investors need to know about the announcement.

Perion Network beat estimated earnings by 39.53%, reporting an EPS of $0.6 versus an estimate of $0.43.

Revenue was up $19.84 million from the same period last year.

Last quarter the company beat on EPS by $0.31 which was followed by a 1.17% increase in the share price the next day.

Here's a look at Perion Network's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.59	0.43	0.32	0.28
EPS Actual	0.90	0.61	0.51	0.44
Revenue Estimate	205.00M	158.00M	146.33M	122.02M
Revenue Actual	209.67M	158.62M	146.66M	125.31M

To track all earnings releases for Perion Network visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.