Perion Network climbs after raising full-year EBITDA target

Perion Network

06/01/2020 11:42

** U.S.-listed shares of Israel-based technology firm
 PERI.O  rise 6.9% to $7.01 premarket after co lifts its
full-year EBITDA forecast
    ** PERI forecasts 2019 adj EBITDA to exceed $30 mln vs its
previous range of $25 mln-27 mln, based on expectations of
higher revenue
    ** PERI to post Q4 results on Feb. 12
    ** Shares climbed 134% in value in 2019, their best annual
performance in more than a decade

 (Reporting by Medha Singh in Bengaluru)
 ((medha.singh@thomsonreuters.com))