Perion Network Expects 20% YoY Revenue Growth and 40% YoY Increase in Adjusted EBITDA in Second Quarter 2023 - Seite 3

18,550

 

$

21,872

Share based compensation

   

 

3,200

 

 

2,701

Changes in FV of earnout contingent consideration⁽²⁾

   

 

14,600

 

 

-

Retention and other expenses related to M&A

   

 

250

 

 

679

Amortization of acquired intangible assets

   

 

3,000

 

 

2,812

Depreciation

   

 

400

 

 

396

Adjusted EBITDA

   

$

40,000

 

$

28,460

 

   

 

 

 

(2) Due to over performance under the acquisition agreement of Vidazoo, as amended.

Forward Looking Statements

The information in this press release is based on preliminary estimated results because our financial closing procedures for the three months ended June 30, 2023 are not yet completed. Actual results are subject to change as we finalize our financial results.