Perion Network (PERI) Q2 Earnings and Revenues Surpass Estimates

Core Insights - Perion Network (PERI) reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, with an earnings surprise of +52.94% [1] - The company posted revenues of $102.98 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.49%, although this represents a decline from year-ago revenues of $108.69 million [2] - Perion Network shares have increased approximately 20.5% year-to-date, outperforming the S&P 500's gain of 8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $110.5 million, and for the current fiscal year, it is $0.99 on revenues of $440.66 million [7] - The estimate revisions trend for Perion Network was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Internet - Content industry, to which Perion Network belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Similarweb (SMWB), another company in the same industry, is expected to report a quarterly loss of $0.00 per share, with revenues projected at $68.88 million, reflecting a year-over-year increase of 13.6% [9]