- June 28, 2021
- Posted by: Stratford Team
- Category: Business
TEL AVIV & NEW YORK–(BUSINESS WIRE)–Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers comprehensive solutions across the three main pillars of digital advertising – ad search, social media, and display / video / CTV – today announced preliminary results for the second quarter of 2021, along with increased guidance for full year 2021 revenues and Adjusted EBITDA. The new guidance is based on a strong first half of 2021 coupled with a robust revenues pipeline going into the second half of the year.
Preliminary results
($M)
Q2 2020
Actual Results
Q1 2021
Actual Results
Q2 2021
Preliminary Results
Sequential
Quarterly Growth
Year Over
Year Growth
Total Revenues
$60.3
$89.8
$105
17%
74%
Adjusted EBITDA
$2.5
$8.8
$13.5
53%
440%
Main highlights:
- Perion’s Hub and Spoke business model which successfully connects both…