The most common and most likely answer to this crossword clue is the 5 letter word REDID
I've seen this crossword clue in The Times
R
E
D
I
D
Buddy explains!

The straight part
We know that "performed again" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case performed again = redid.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does REDID mean?
REDID verb- To do again.