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Benzinga

Business

Triveni Kothapalli

Why Is Perion Network Stock Skyrocketing Wednesday?

PERI Perion Perion Network

Stuttgart,,Germany,-,12-10-2022:,Mobile,Phone,With,Logo,Of,Israeli

Perion Network Ltd (NASDAQ:PERI) shares rose Wednesday after the company announced its third-quarter results.

The company reported adjusted earnings of 28 cents per share, topping analysts’ estimates for a 1-cent loss, up from earnings of 23 cents per share a year earlier.

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