Perion Network (PERI) Company Overview

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, announced today the launch of its “Perion One” strategy. This strategy will unify the Company's brands and technologies into one advanced platform named “Perion One”, further supporting its position as the partner of choice for brands, agencies, and retailers navigating the complexities of modern advertising. The Perion.

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers with consumers across all major digital channels, announced today it plans to release its financial results for the fourth quarter and fiscal year ended December 31, 2024 prior to the opening of the financial markets on Wednesday, February 19, 2025. Tal Jacobson, CEO, and Elad Tzubery, CFO, will host a conference call to discuss the results on that day at 8:.

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today that it will participate in the 27th Annual Needham Growth Conference on January 15th in New York. Tal Jacobson, CEO, and Elad Tzubey, CFO will host one-on-one meetings with investors that day. To schedule a meeting with the Company, please contact your representative at Needham. Mr. Jacobson will also.

Perion Network is investing in AI to enhance its diversified digital advertising offerings, including video, digital audio, and connected TV. The company's share repurchase program and restructuring efforts aim to boost shareholder value, despite recent stock price declines and the non-renewal of the Microsoft Bing contract. Efficient ad-server and search advertising capabilities, along with strategic acquisitions and partnerships, support future growth and positive free cash flow.

Q3 earnings show that the business continues to face declining revenue in its larger Search and open web related segments. However, profitability remains solid, with strong growth in its smaller CTV, Retail media and DOOH businesses. The company's net cash represents 90% of the current market cap and provides downside protection.

Perion Network Ltd. (NASDAQ:PERI ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Elad Tzubery - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Jason Helfstein - Oppenheimer Eric Martinuzzi - Lake Street Capital Laura Martin - Needham and Company Jeff Martin - ROTH Capital Partners Mark Kelley - Stifel Operator Hello, everybody, and welcome to the Perion Network Third Quarter 2024 Earnings Conference Call.

Perion Network (PERI) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.84 per share a year ago.

The business has faced multiple challenges recently, which has led to a drastic decline in its share price. However, Q2 earnings show that growth in CTV, Retail media and DOOH remains strong and will be key to the thesis going forward. The company's net cash provides downside protection, and management is aggressively repurchasing shares.

Perion Network's (PERI) second-quarter earnings are expected to have benefited from its diversified portfolio in the advertising industry.