Perion Network Ltd.

NASDAQ:PERI   3:59:50 PM EDT
29.11
+6.97 (+31.48%)
4:06:34 PM EDT: $29.03 -0.08 (-0.28%)
Other Pre-Announcement, Mergers / Acquisitions

Perion Acquires Vidazoo For A Total Amount Of $93.5 Mln

Published: 10/04/2021 06:16 GMT
Perion Network Ltd. (PERI) - Perion Expands Publisher Technology Offering by Acquiring Vidazoo – Innovative Video Monetization Platform.
Perion Acquired Vidazoo for a Total Amount of $93.5 Million.
Perion - Raising Guidance to Account for Expected Contribution From Vidazoo Acquisition, Which Expected to Be Earnings Accretive Immediately.
Perion - Perion Sees FY 2021 Revenue $430 Million to $445 Million, Sees FY 2022 Revenue $545 Million-$575 Million.
Sees FY2021 Adjusted EBITDA $52 Million to $53 Million, Sees FY2022 Adjusted EBITDA $68 Million to $72 Million.