Brief: Perion Network Increases Revenues And Adjusted EBITDA Guidance For 2021

Perion Network

28/06/2021 13:16

June 28 (Reuters) - Perion Network Ltd  PERI.TA :
    * STRONG PRELIMINARY SECOND QUARTER RESULTS AND ROBUST
SECOND HALF
BUSINESS PIPELINE - INCREASES REVENUES AND ADJUSTED EBITDA
GUIDANCE FOR 2021
    * SEES FY REVENUE UP 28 PERCENT
    * SEES FY REVENUE $420 MILLION
    * Q2 TOTAL PRELIM  REVENUE $105 MILLION
    * SEES 2021 ADJUSTED EBITDA OF $50 MILLION, 52%
YEAR-OVER-YEAR
GROWTH
    * Q2 REVENUE VIEW $95.9 MILLION -- REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $400.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBwbvjC2na 
Further company coverage:  PERI.TA 

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