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researcher59

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researcher59

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Wednesday, 11/01/2023 8:00:49 AM

Wednesday, November 01, 2023 8:00:49 AM

Post# of 113951
PERI (25.40) posts a nice earnings beat with Q3 adj EPS of $0.84 .... might be a buy at this price level, down 41% from the April 52wk high of 42.75.

briefing -

Perion Network beats by $0.10, reports revs in-line; reaffirms FY23 revs guidance (25.40 ) :

Reports Q3 (Sep) earnings of $0.84 per share, excluding non-recurring items, $0.10 better than the FactSet Consensus of $0.74; revenues rose 16.8% year/year to $185.3 mln vs the $184.36 mln FactSet Consensus.
Co reaffirms guidance for FY23, sees FY23 revs of $730-$750 mln vs. $741.29 mln FactSet Consensus. Adj. EBITDA of $167+ mln.
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