Recap: Perion Network Q1 Earnings

Perion Network 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.

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