Perion Generates Record Year-Over-Year 368% GAAP Net Income Growth; $15.5 Million, $0.33 EPS Revenue Up 40% to $125.3 Million
This diversification positions Perion for growth as budgets shift across categories.
- This diversification positions Perion for growth as budgets shift across categories.
- Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization ("Adjusted EBITDA") and Revenue after Traffic Acquisition Costs (Revenue ex-TAC).
- Revenue after Traffic Acquisition Costs (Revenue ex-TAC) presents revenue reduced by traffic acquisition costs, reflecting that a portion of our revenue must be directly passed to publishers or advertisers and presents our revenue excluding such items.
- A reconciliation between results on a GAAP and non-GAAP basis is provided in the last table of this press release.