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

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)
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