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 NASDAQ- and TASE-listed advertising technology company that focuses on digital advertising and search solutions. Its news flow centers on developments in its Perion One platform, financial performance, and partnerships across channels such as web, Digital Out-of-Home (DOOH), Connected TV (CTV), and retail media.
News updates about Perion often include quarterly financial results, where the company reports revenue trends, channel performance, and non-GAAP metrics such as Contribution ex-TAC and Adjusted EBITDA. These earnings releases also highlight the performance of specific channels like DOOH, CTV, web, and search, as well as verticals such as retail media.
Perion’s announcements also cover product and technology launches. Examples include the Performance CTV Solution within Perion One, designed to support outcome-driven CTV campaigns, the Perion DOOH Player that completes its full-stack technology for DOOH and retail media, and SODA, an AI-powered supply-side solution for web and DOOH aimed at optimizing supply paths and monetization for publishers.
Another recurring theme in Perion news is strategic partnerships and market expansion. The company has reported collaborations with retail media networks such as Albertsons Media Collective, as well as partnerships with advertising and media companies in regions where it is expanding its DOOH and programmatic presence. Perion also issues releases about participation in investor conferences and shareholder meetings.
Investors and market watchers can use this news page to follow Perion’s financial disclosures, platform enhancements, and strategic initiatives across DOOH, CTV, web, search, and retail media, as reported in its press releases and SEC-furnished materials.
Perion Network Ltd. (NASDAQ: PERI) has announced the pricing of a follow-on public offering of 7,280,080 ordinary shares at $21.50 per share, raising approximately $156.5 million, an increase from the initial offering of $100 million. This offering includes a 30-day option for underwriters to purchase an additional 1,092,012 shares. The proceeds will be used for working capital, business growth, and potential mergers or acquisitions. The offering is expected to close on December 13, 2021.
Perion Network Ltd. (NASDAQ: PERI) has announced a proposed follow-on public offering of approximately $100.0 million of its ordinary shares. The company plans to grant underwriters a 30-day option for additional shares. Net proceeds will support business growth, including potential mergers and acquisitions, and provide additional working capital. The offering is filed under an automatically effective shelf registration statement with the U.S. SEC. Major underwriters include Oppenheimer, Stifel, and Raymond James.
Perion Network Ltd. (NASDAQ: PERI) has raised its revenue guidance for 2021 to between
Perion Network Ltd. (NASDAQ:PERI) announced its participation in the Raymond James 2021 Technology Virtual Investors Conference on December 6th. CEO Doron Gerstel and CFO Maoz Sigron will be available for one-on-one investor meetings. Gerstel's presentation is scheduled from 8:50-9:30 AM Eastern Time, which will also be webcast live. The company focuses on delivering holistic advertising solutions across digital platforms, enhancing brand visibility and user engagement.
Perion Network Ltd. (NASDAQ: PERI) reports significant growth in consumer searches during Black Friday, surpassing last year's record. This increase in traffic comes despite a general decline in online spending, which fell to
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
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