Perion Network (NASDAQ:PERI) Receives News Impact Rating of 0.06

Media coverage about Perion Network (NASDAQ:PERI) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Perion Network earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.4742789831051 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Perion Network (NASDAQ PERI) opened at $1.09 on Friday. The company has a market cap of $84.91, a P/E ratio of -2.42 and a beta of 1.78. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. Perion Network has a 12 month low of $0.88 and a 12 month high of $2.38.

Perion Network (NASDAQ:PERI) last released its earnings results on Thursday, November 9th. The technology company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The company had revenue of $65.04 million during the quarter, compared to analyst estimates of $70.08 million. Perion Network had a positive return on equity of 7.83% and a negative net margin of 12.50%. The firm’s revenue for the quarter was down 12.7% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share.

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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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