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Perion Network: 1Q Earnings Snapshot

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.

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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