Perion Network (PERI) Releases Quarterly Earnings Results
Perion Network (NASDAQ:PERI) released its earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, Stock Ratings News reports. The company had revenue of $117.10 million for the quarter, compared to the consensus estimate of $79.70 million.
Shares of Perion Network (NASDAQ:PERI) opened at 10.51 on Thursday. Perion Network has a 52-week low of $9.55 and a 52-week high of $14.87. The stock has a 50-day moving average of $10.63 and a 200-day moving average of $11.32.
Perion Network Ltd, formerly IncrediMail Ltd., is an Internet content and media company. The Company’s products have been downloaded in more than 100 countries and in 2010, it recorded on average approximately 1.