Perion Network (NASDAQ:PERI) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $(0.09) by 222.22 percent. This is a 75 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $89.34 million which beat the analyst consensus estimate of $86.80 million by 2.93 percent. This is a 43.39 percent decrease over sales of $157.82 million the same period last year.