Perion Network Q4 Adj. EPS $0.45 Beats $0.18 Estimate, Sales $118.26M Beat $111.48M Estimate

Perion Network (NASDAQ:PERI) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.18 by 150 percent. This is a 40.63 percent increase over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $118.26 million which beat the analyst consensus estimate of $111.48 million by 6.08 percent. This is a 51.11 percent increase over sales of $78.26 million the same period last year.