Perion Network (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
