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Perion Network reports Q3 EPS 61c, consensus 43c

Reports Q3 revenue $158.62M, consensus $158M. "This was the eighth consecutive quarter we delivered top and bottom-line double-digit growth on a year-over-year basis," Gerstel continued. "The 145% year-over-year increase in operating cash flow to nearly $35 million, reflects the significant earnings power of our business model. With a cash position of $390 million at quarter end, we have significant dry powder to execute on our growth strategy, delivering value to shareholders for years to come."

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