Welcome to our dedicated page for Perion Network news (Ticker: PERI), a resource for investors and traders seeking the latest updates and insights on Perion Network stock.
Perion Network Ltd (PERI) is a leading provider of digital advertising and online monetization solutions, connecting brands with audiences through innovative search, display, and social media technologies. This dedicated news hub aggregates all official company announcements and market-moving developments.
Investors and industry professionals will find timely updates on quarterly earnings, strategic partnerships, product innovations, and leadership changes. Our curated feed includes press releases covering advertising technology advancements, financial results, and operational milestones within the performance-based media sector.
Key content categories include financial disclosures, technology launches, market expansion updates, and industry recognition. All materials are sourced directly from Perion Network's corporate communications to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for convenient access to PERI's latest developments in digital advertising solutions, including updates on Connected TV (CTV), programmatic advertising, and cross-channel optimization strategies. Check regularly for essential information supporting informed investment decisions in the dynamic ad-tech sector.
Perion Network Ltd. (NASDAQ:PERI), an advertising technology company, announced participation in the Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event on November 18. CEO Doron Gerstel and CFO Maoz Sigron will hold one-on-one meetings with investors throughout the day. Perion specializes in digital advertising solutions across ad search, social media, and display/video/CTV advertising. Its synchronized digital branding approach utilizes partnerships, including Microsoft Bing, to enhance creative impact and optimize paid advertising, positioning the company for growth.
Perion Network Ltd. (NASDAQ: PERI) reports strong Q3 2021 results with a 45% revenue increase to $121 million, driven by an 82% growth in display advertising, particularly video and CTV solutions. The company achieved a 399% increase in GAAP net income, totaling $10.6 million. Net cash from operations reached $14.2 million, up 115% year-over-year. Management has raised revenue guidance for 2021 to $455-$465 million and for 2022 to $580-$600 million, reflecting substantial business momentum.
Perion Network Ltd. (Nasdaq: PERI) announced a breakthrough in cookieless advertising through its proprietary technology, SORT (Smart Optimization of Responsive Traits), which outperforms traditional cookie-based methods. With a strong focus on user privacy in light of evolving regulations, this innovation utilizes AI to enhance targeting across all devices. The technology was independently certified by Neutronian, confirming superior campaign performance metrics compared to cookies. The launch aims to address increased advertising demand while ensuring privacy compliance.
Perion Network Ltd. (NASDAQ: PERI) will release its financial results for the third quarter ended September 30, 2021, on Tuesday, October 26, 2021, before market opening. A conference call will be hosted by management at 8:30 a.m. ET on the same day via Zoom to discuss these results. As a global advertising technology company, Perion integrates multiple digital advertising channels, including interactive connected television, enhancing their diversified marketing strategies. This broad approach positions Perion to capitalize on changing advertising budgets.
Perion Network Ltd. (NASDAQ: PERI) has announced the acquisition of Vidazoo, a video technology company, for
On August 24, 2021, Undertone, a subsidiary of Perion Network Ltd. (Nasdaq: PERI), announced its latest innovation, Shoppable High Impact, in collaboration with SmartCommerce. This technology allows consumers to add products directly to their retail carts with a single click on Undertone's ads, enhancing the online shopping experience. Notably, a trial demonstrated a carting rate of nearly 3%, translating to over 27,000 items added. The initiative aims to streamline digital shopping and improve brand performance while providing real-time stock updates.
Perion Network Ltd. (NASDAQ:PERI), a leading global advertising technology firm, announced its participation in two upcoming investor conferences. On August 11, 2021, the company will be featured at the Oppenheimer 24th Annual Technology, Internet and Communications Conference, with CEO Doron Gerstel presenting from 8:15-8:55 AM ET. The next day, August 12, 2021, it will participate in the Canaccord Genuity 41st Annual Growth Virtual Conference, with Gerstel presenting at 8:30-8:55 AM ET. Perion aims to enhance brand engagement through synchronized digital branding across multiple platforms.
Perion Network Ltd. (NASDAQ: PERI) reported strong Q2 2021 results, with total revenues increasing by 82% to $109.7 million. Advertising revenue surged 211%, primarily from video and CTV adoption, while search advertising grew 24%. The company achieved a GAAP net income of $7.1 million, up 416% year-over-year. Perion narrowed its 2021 revenue guidance to $415-$430 million and introduced 2022 guidance of $490-$520 million, highlighting robust business momentum and a strong cash position of $141 million with zero debt.
Perion Network Ltd. (NASDAQ: PERI) reported preliminary Q2 2021 results, showing total revenues of approximately $105 million, a 74% increase year-over-year. Adjusted EBITDA reached $13.5 million, marking a 440% growth compared to the same quarter last year. The company has raised its full-year revenue guidance to $410-$430 million, driven by strong performance in advertising solutions, particularly in video and CTV advertising. The CEO highlighted growth as a validation of their diversification strategy.
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