Recap: Perion Network Q2 Earnings

Perion Network PERI reported its Q2 earnings results on Wednesday, August 3, 2022 at 06:45 AM.

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

Perion Network beat estimated earnings by 59.38%, reporting an EPS of $0.51 versus an estimate of $0.32.

Revenue was up $36.98 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 6.02% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.28	0.39	0.17	0.18
EPS Actual	0.44	0.62	0.40	0.33
Revenue Estimate	122.02M	144.96M	108.96M	104.94M
Revenue Actual	125.31M	157.97M	121.03M	109.68M

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.

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