HOLON, Israel (AP) _ Perion Network Ltd. (PERI) on Thursday reported second-quarter net income of $986,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Holon, Israel-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs and amortization costs, were 6 cents per share.
The digital media company posted revenue of $62.8 million in the period.
The company's shares closed at $1.09. A year ago, they were trading at $1.36.
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