Perion Network (PERI) Tops Q4 EPS by 15c
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Perion Reports $12.9 Million in GAAP Net Income and $32.4 Million in Adjusted EBITDA for Full Year 2019
February 12, 2020 2:30 AM ESTAnnual Revenue Grows for the First Time in Three Years
Q4 2019 Highlights:
Total Revenues of $78.3 million, increased 9% year-over-year; GAAP Net Income of $5.9 million, increased 20% year-over-year; GAAP Earnings Per Share of $0.22, increased 16% year-over-year; Adjusted EBITDA of $12.2 million, increased 6% year-over-year; Net cash provided from operations was $11.2 million; increased 158% year-over-year; Net cash Increased from $2.7 million to $45.0 million over the last 12 months.Full-Year 2019 Highlights:
Total Revenues of $261.5 million, increased 3% year-over-year; GAAP Net Income of $12.9 million, increased 59% year-over-year; GAAP Earnings Per Share of $0.49, increased 58% year-over-year; Adjusted... More