Perion Network (PERI) Tops Q4 EPS by 6c, Revenues Miss; Provides FY19 Adj. EBITDA Guidance
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Perion Reports Fourth Quarter and Full-Year 2018 Results
February 13, 2019 5:10 AM ESTCompany Generates Full-Year Net Income of $8.1 Million, Achieves Full-Year Adjusted EBITDA Guidance of $29.6 Million; Continued Focus on Profitability and Cash Generation Drives Successful Long-Term Debt Reduction Execution
TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ: PERI), a global innovator in delivering synchronized digital marketing solutions for brands that are relentlessly focused on deeper consumer relationships, announced today its financial results for the fourth quarter and 12 months ended December 31, 2018.
Financial Highlights*
(In millions, except per share data)
Three months ended Year ended December 31, December 31,2017
2018 2017 2018 Advertising revenues $ 43.0 $ 37.3 $ 134.5 $... More