Perion Network Reiterated FY24 Revenue Of $490M - $510M, Est $499.88M
Portfolio Pulse from Benzinga Newsdesk
Perion Network has reiterated its full-year 2024 revenue guidance of $490M to $510M, with an estimated $499.88M. The company also expects adjusted EBITDA of $48M to $52M.
July 31, 2024 | 11:18 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Perion Network has reiterated its full-year 2024 revenue guidance of $490M to $510M, with an estimated $499.88M. The company also expects adjusted EBITDA of $48M to $52M.
Reiterating revenue and EBITDA guidance provides stability and confidence to investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100