Perion Reports Q3 Earnings

Investing.com – Perion (NASDAQ: PERI) reported third quarter EPS of $0.23, exceeding analyst estimates of $0.20. Revenue for the quarter was $102.2M, above the consensus estimate of $100.05M.

Guidance

Perion anticipates FY 2024 revenue between $490.00M and $510.00M, compared to the analyst consensus of $500.50M.

Perion's stock price closed at $8.45, up 0.84% over the last 3 months but down -70.36% over the last 12 months.

The company experienced 0 positive EPS revisions and 5 negative revisions in the last 90 days. For more on Perion's stock price reactions to earnings, check here.

According to InvestingPro, Perion's Financial Health score indicates great performance.

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