HOLON, Israel (AP) _ Perion Network Ltd. (PERI) on Wednesday reported first-quarter net income of $1.2 million.
On a per-share basis, the Holon, Israel-based company said it had profit of 5 cents.
The digital media company posted revenue of $53.8 million in the period.
The company's shares closed at $2.97. A year ago, they were trading at $2.79.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PERI at https://www.zacks.com/ap/PERI