Perion Network Q2 2024 Adj. EPS $0.26 Beats $(0.01) Estimate, Sales $108.691M Beat $106.994M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perion Network reported Q2 2024 adjusted EPS of $0.26, significantly beating the estimate of $(0.01). Sales also surpassed expectations, coming in at $108.691 million compared to the $106.994 million estimate.
July 31, 2024 | 11:16 am
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Perion Network's Q2 2024 results exceeded expectations with an adjusted EPS of $0.26 against an estimate of $(0.01) and sales of $108.691 million versus the $106.994 million estimate.
The significant beat on both EPS and sales estimates is likely to positively impact Perion Network's stock price in the short term. Investors typically react favorably to such earnings surprises.
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