Welcome to our dedicated news page for Perion Network Ltd. (Ticker: PERI), a resource for investors and traders seeking the latest updates and insights on Perion Network Ltd..
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Perion Network Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Perion Network Ltd.'s position in the market.
Rhea-AI Summary
Perion Network (PERI) files its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC. The report includes audited financial statements for the year and is now accessible online. Shareholders can also request a hard copy at no extra cost.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.44%
Tags
-
Rhea-AI Summary
Perion Network updates full-year 2024 guidance and increases buyback program from $50 million to $75 million. The company experienced a decline in Search Advertising activity due to changes in Microsoft Bing's advertising pricing. Q1 2024 revenue and adjusted EBITDA are expected to be $157 million and $20 million, respectively. For full-year 2024, revenue and adjusted EBITDA are projected to be $590-$610 million and $78-$82 million, respectively. Perion aims to expand Display Advertising activities and strengthen its position in the digital advertising landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-40.79%
Tags
-
Rhea-AI Summary
Perion Network Ltd. (PERI) partners with Way.io to provide access to premium Digital Out of Home (DOOH) inventory in China through Hivestack, aiming to tap into the $5.2B DOOH market by 2024. The collaboration allows Way.io to activate programmatic DOOH campaigns globally, leveraging Hivestack's extensive network of screens and impressions. The partnership signifies Perion's commitment to expanding its global footprint and offering innovative media advertising formats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
Rhea-AI Summary
Perion Network Ltd. (PERI) announces participation in upcoming investor conferences to engage with investors and present at a fireside chat. The company will attend Raymond James 45th Annual Institutional Investors Conference on March 5 and 36th Annual ROTH Conference on March 18. Investors can schedule one-on-one meetings with management, and a live webcast of the Raymond James conference will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
-
Rhea-AI Summary
Perion Network Ltd. announces a $50 million share repurchase program, aiming to capitalize on undervalued shares and support growth and M&A strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
-
Rhea-AI Summary
Perion Network Ltd. reported annual year-over-year growth of 16% in revenue, 18% in GAAP Net Income, and 28% in Adjusted EBITDA. The company achieved notable growth in Search, CTV, and Retail Media, with Retail Media revenue increasing by 196% year-over-year. The acquisition of Hivestack further solidifies Perion's differentiated offer to customers, opening up new synergistic opportunities within their suite of solutions for brands and retailers. Perion's strong cash flow from operations of $155 million for the full year of 2023 positions them well for executing additional acquisitions, further expanding their solutions and enhancing shareholder value. The company expects strong double-digit revenue and adjusted EBITDA growth in the coming years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.12%
Tags
Rhea-AI Summary
Perion Network Ltd. (PERI) announced a partnership between its programmatic digital out of home (DOOH) platform, Hivestack, and Eletromidia, the major out of home (OOH) media company in Brazil, with more than 64,000 screens in the country's largest cities. The collaboration aims to empower local and global advertisers to leverage sophisticated and targeted campaigns, taking advantage of the precision and relevance programmatic media provides. This partnership will open up new business opportunities for Perion in the Brazilian market and enable Eletromidia to expand its programmatic media distribution and strengthen its leadership in the DOOH market in Brazil.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.12%
Tags
-
News
Rhea-AI Summary
Perion Network Ltd. (PERI) plans to release Q4 and full year 2023 results on February 7, 2024. CEO Tal Jacobson and CFO Maoz Sigron will host a conference call to discuss the results at 8:30 a.m. ET. Registration link and replay details available on Perion's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
-
Rhea-AI Summary
Perion Network Ltd. (PERI) integrates its Vidazoo video monetization platform with Amazon Publisher Services (APS) to provide demand through a server-to-server marketplace, reduce page load latency, and improve user experience. The integration includes two prominent APS services: Transparent Ad Marketplace (TAM) and Unified Ad Marketplace (UAM), enabling Vidazoo to attract more publishers and connect them with premium advertisers. This collaboration aims to enhance publisher returns through advanced ad impressions, user engagement, and revenue strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
Rhea-AI Summary
Perion Network Ltd. (PERI) to participate in the 26th Annual Needham Growth Conference, hosting one-on-one investor meetings and a fireside chat. Live webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
Perion Network Ltd.
Nasdaq:PERI
PERI Rankings
PERI Stock Data
615.93M
48.19M
62.34%
4.2%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
United States of America
26 Harokmim St
About PERI
perion powers innovation. perion is a global performance-based media and internet company, providing online publishers and app developers advanced technology and a variety of intelligent, data-driven solutions to monetize their application or content and expand their reach to larger audiences, based on its own experience as an app developer. our leading software monetization platform, perion codefuel, empowers digital businesses to optimize installs, analyze data and maximize revenue. our mobile marketing unit, growmobile, enables app marketers to acquire mobile users from the industry’s top traffic sources including google, facebook and twitter, and increase spend, reduce churn and improve retention through crm engagement campaigns. the perion team brings decades of experience, operating and investing in digitally-enabled businesses, and we continue to innovate and create value for the app ecosystem. follow perion on twitter @perionnetwork. פריון נטוורק היא חברת אינטרנט בינלאומ