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.
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Perion Network Ltd. (PERI) has announced plans to release its first quarter 2023 financial results before the market opens on May 3, 2023. A conference call to discuss these results will be hosted by Doron Gerstel, CEO, Tal Jacobson, General Manager of CodeFuel, and Maoz Sigron, CFO, at 8:30 a.m. ET on the same day. Investors can register for the call and access the replay on Perion's investor relations website. Perion specializes in digital advertising across search, social media, and display/video/CTV channels, leveraging its intelligent HUB to provide integrated solutions to brands and publishers.
The company emphasizes the importance of the upcoming results and future outlook, as they will reflect on its strategic growth in the digital advertising sector.
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Perion Network Ltd. (NASDAQ:PERI) filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. Securities and Exchange Commission on March 15, 2023. The report includes audited consolidated financial statements and is available on Perion's website. Shareholders can request a free hard copy of the annual report. Perion specializes in digital advertising technology across search, social media, and display/video/CTV advertising, leveraging its intelligent HUB to integrate its business assets for enhanced value to brands and publishers.
Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company, will participate in two key conferences: the Raymond James 44th Annual Institutional Investors Conference on March 6-7 in Florida and the UBS European Media and Internet Conference on March 9 in London. CFO Maoz Sigron and VP of IR Dudi Musler will present and hold one-on-one meetings with investors at these events. Perion's robust solutions span digital advertising channels, including search, social media, and video advertising, enhancing value for brands and publishers through its intelligent HUB.
Perion Network Ltd. (NASDAQ: PERI) reported record results for the year ending December 31, 2022. Revenue grew by 34% to $640.3 million, while net income surged 156% to $99 million. Diluted EPS doubled to $2.06, and adjusted EBITDA increased 90% to $132 million. Video and CTV revenue showed impressive growth, with increases of 129% and 108% respectively. The CEO transition to Tal Jacobson will take effect on August 1, 2023. For 2023, revenue guidance is set between $720-$740 million, indicating a 14% year-over-year growth expectation.
Perion Network Ltd. (NASDAQ: PERI) announced a six-month transition period for its CEO, with
Perion Network Ltd. plans to announce its fourth quarter 2022 financial results on February 8, 2023, and will participate in the 25th Annual Needham Growth Conference on January 11, 2023. Preliminary results indicate significant growth, with Q4 2022 revenue of $205 million, a 30% increase year-over-year. Adjusted EBITDA also rose to $47 million, reflecting a 63% growth compared to Q4 2021. The company attributes its performance to strong market demand and a growing number of publishers using its monetization platform, which increased by 25% to 260 year-over-year.
Perion Network Ltd. (NASDAQ:PERI) announced its CTV advertising solution is gaining traction due to increased demand during FIFA World Cup Qatar 2022. The company reports strong interest from sectors like sports betting and video games, leveraging its High-Impact CTV ads to maximize engagement. CEO Doron Gerstel highlighted that these ads drive four times the site visits compared to regular CTV, underscoring their effectiveness. As the tournament shifts viewing patterns, Perion's offerings are well-positioned to capitalize on heightened viewer engagement and brand visibility.
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