Total Revenues of $66.1 million, increased 23% year-over-year;
GAAP Net Income of $1.3 million, increased 8% year-over-year;
Non-GAAP Net Income of $5.0 million, increased 53% year-over-year;
GAAP Earnings Per Share of $0.05, no change year-over-year;
Adjusted EBITDA of $6.2 million, increased 22% year-over-year;
Net Cash provided from operations was $2.5 million; decreased 82% year-over-year;
Net Cash decreased from $45.0 million to $39.5, inclusive of the $15.1 million paid at closing to acquire ContentIQ.
Perion Network Ltd. (NASDAQ: PERI), a global technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising - ad search, social media and display / video advertising – announced today its financial results for the first quarter ended March 31, 2020.
GAAP Net Income of $1.3 million, increased 8% year-over-year;
Non-GAAP Net Income of $5.0 million, increased 53% year-over-year;
GAAP Earnings Per Share of $0.05, no change year-over-year;
Adjusted EBITDA of $6.2 million, increased 22% year-over-year;
Net Cash provided from operations was $2.5 million; decreased 82% year-over-year;
Net Cash decreased from $45.0 million to $39.5, inclusive of the $15.1 million paid at closing to acquire ContentIQ.
Perion Network Ltd. (NASDAQ: PERI), a global technology company that delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising - ad search, social media and display / video advertising – announced today its financial results for the first quarter ended March 31, 2020.
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