Brief: Perion Q1 Net Income $15.5 Mln

Perion Network

28/04/2022 13:51

April 28 (Reuters) - Perion Network Ltd  PERI.TA :
    * PERION GENERATES RECORD YEAR-OVER-YEAR 368% GAAP NET
INCOME
GROWTH; $15.5 MILLION, $0.33 EPS REVENUE UP 40% TO $125.3
MILLION
    * Q1 REVENUE ROSE 40 PERCENT TO $125.3 MILLION
    * QTRLY NON-GAAP DILUTED EARNINGS PER SHARE $0.44
    * RAISED ITS FINANCIAL GUIDANCE FOR 2022
    * SEES 2022 REVENUE $620 MILLION -$640 MILLION
    * SEES  2022 ADJUSTED EBITDA $98 MILLION -$102 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.28, REVENUE VIEW $122.0
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $622.9 MILLION -- REFINITIV IBES DATA

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

 ((reuters.briefs@thomsonreuters.com;))