Perion(PERI) - 2022 Q1 - Quarterly Report

Exhibit 99.1 Perion Generates Record Year-Over-Year 368% GAAP Net Income Growth; $15.5 Million,$0.33 EPS Revenue Up 40% to $125.3 Million Net income of$15.5 million in the first quarter is ahead of the entire first half of last year; Management increases guidance for 2022 Tel Aviv & New York – April 28, 2022 – Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers a holistic solution across the three main pillars of digital advertising – ad search, social media, and disp ...