Perion Network Ltd. (NASDAQ: PERI) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. The disclosure is planned to occur before market open.
As per the predictions of financial analysts on Wall Street, the business is set to report an estimated per share $0.01 loss for the third quarter. Additionally, the company is projected to unveil a revenue of $100.04 million for the period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.84. This notable figure was attributed to the company's total revenue, which settled at an impressive $185.31 million during that specific quarter.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $500.55 million. They also predict that throughout the course of the fiscal year, the business will make about profit of $0.23 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.26 | -69.0% | 108.69 M | -39.1% |
| Q1 2024 | $0.44 | -26.7% | 157.82 M | +8.7% |
| Q4 2023 | $1.04 | +15.6% | 234.23 M | +11.7% |
| Q3 2023 | $0.84 | +37.7% | 185.31 M | +16.8% |
| Q2 2023 | $0.84 | +64.7% | 178.47 M | +21.7% |
| *Growth on year-over-year basis | ||||
PERI will host a conference call with investment community on 6th November 2024 at 08:30 AM eastern time to discuss the financial results.
Perion Network Ltd. (PERI) shares experienced a range of $8.21 to $8.34 on a day volume of 313.20 thousand shares. The stock closed Friday's regular trading session at $8.21, demonstrating a 0.74 percent gain.
