Perion Network Ltd (NASDAQ: PERI) shares are trading higher Thursday morning following preliminary results for Q2 2023.
The company expects to report revenues of $176.0 million (+20% Y/Y) vs. consensus of $169.88 million and adjusted EBITDA of $40.0 million (+40% Y/Y), with adjusted EBITDA-to-revenue of 23% (vs 19% in Q2 2022).
“Both the second quarter and …
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