Replies to post #156013 on Value Microcaps Motherboard

[abh3vt]

On the PERI call....they report that Client Connect has substantial organic growth in revenues over the past 12 mos:

LTM (end 06/30/2013): +48%

NOTE: Combined pf organic revenue growth: 58% (LTM)

Client Connect has better margins, so p.f. net income would have grown 25% y/y in the last 12 mos, vs the original 17% y/y as reported by PERI.

Stock deal is accretive to trailing eps, and there appears to be substantial cost savings that can still be realized once the deal is consummated.

I'm not sure why the stock has sold off so much, unless these sellers were looking for Perion to be taken private at a more immediate premium... Lock-ups are in place for the new shareholders, but details of that have not been more fully disclosed.