Perion Network (NASDAQ:PERI) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Perion Network beat their estimated earnings by 135.29%, which surprised analysts.
Revenue was up $37,616,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15, which was followed by a 4.5% drop in the share price the next day.
Here’s a look at Perion Network’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.02 | 0.18 | 0.07 |
| EPS Actual | 0.33 | 0.19 | 0.45 | 0.21 |
| Revenue Estimate | 104.94M | 86.18M | 111.48M | 79.24M |
| Revenue Actual | 109.68M | 89.82M | 118.26M | 83.41M |
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