Perion Network (PERI) expects 2013 revenue to exceed $110M, representing overall Y/Y growth of...

|About: Perion Network Ltd. (PERI)|By:, SA News Editor

Perion Network (PERI) expects 2013 revenue to exceed $110M, representing overall Y/Y growth of 80%, and organic growth of 25%. EPS is expected at $1.61. Customer acquisition costs are expected to exceed $50M. We expect 2013 to be a "breakout year," says CEO Josef Mandelbaum. Shares +9% premarket. (PR)