Perion Network (PERI) Receives Daily Coverage Optimism Score of 0.29
Headlines about Perion Network (NASDAQ:PERI) have trended positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Perion Network earned a news impact score of 0.29 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.2741584026903 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Perion Network (NASDAQ:PERI) traded down 0.86% on Friday, hitting $1.15. 37,931 shares of the company traded hands. The company’s market capitalization is $89.18 million. Perion Network has a 12 month low of $0.94 and a 12 month high of $2.38. The stock’s 50-day moving average price is $1.15 and its 200-day moving average price is $1.59.
Perion Network (NASDAQ:PERI) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.03). The business had revenue of $78.00 million for the quarter, compared to analyst estimates of $73.07 million. Perion Network had a positive return on equity of 8.57% and a negative net margin of 11.31%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. On average, equities analysts predict that Perion Network will post $0.25 earnings per share for the current year.
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About Perion Network
Perion Network Ltd. is a global technology company. It is engaged in delivering advertising solutions to brands and publishers. It operates through High Impact Advertising solutions segment. It provides execution, ranging from high-impact advertisement formats to branded search, and a unified social and mobile programmatic platform.
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