Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
IsraelIPO:
31 January 2006Website:
http://www.perion.comNext earnings report:
07 February 2025Last dividends:
23 March 2011Next dividends:
N/APrice
after hours | 31 min agoDividend
Analysts recommendations
Institutional Ownership
PERI Latest News
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.
Perion Network (NASDAQ:PERI) layoffs are coming for the company's employees as it seeks to streamline its operations. Perion Network is cutting 35 jobs from its Israeli search division.
NEW YORK , June 17, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Perion Network Ltd. (NASDAQ: PERI) between February 9, 2021 and April 5, 2024, both dates inclusive (the "Class Period"), of the important June 17, 2024 lead plaintiff deadline.
NEW YORK, NY / ACCESSWIRE / June 17, 2024 / If you suffered a loss on your Perion Network Ltd. (NASDAQ:PERI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/perion-network-lawsuit-submission-form?prid=85796&wire=1 or contact Joseph E.
NEW YORK , June 17, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Perion Network Ltd. (NASDAQ: PERI).
NEW YORK, NY / ACCESSWIRE / June 17, 2024 / If you suffered a loss on your Perion Network Ltd. (NASDAQ:PERI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/perion-network-lawsuit-submission-form?prid=85842&wire=1 or contact Joseph E.
What type of business is Perion Network?
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It offers Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also provides supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insights; creative platform, a robust media platform; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it offers an actionable performance monitoring platform to support the various phases of campaign management; an online video player and integrated ad server to upload, manage, and stream video content; content monetization system, which integrates ads within the content layouts at the page level. Further, the company provides a publisher management system that provides analytics and performance optimization tools, as well as reports; search-demand management systems; monetization products that integrate and onboards demand vendors; and AI Systems. Additionally, it offers Intelligent HUB (iHUB), which connects the supply and demand sides of the marketplace; and strategic optimization of relevant traits (SORT), a provisional patent technology that eliminates the need for cookies. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel.
What sector is Perion Network in?
Perion Network is in the Communication Services sector
What industry is Perion Network in?
Perion Network is in the Internet Content & Information industry
What country is Perion Network from?
Perion Network is headquartered in Israel
When did Perion Network go public?
Perion Network initial public offering (IPO) was on 31 January 2006
What is Perion Network website?
https://www.perion.com
Is Perion Network in the S&P 500?
No, Perion Network is not included in the S&P 500 index
Is Perion Network in the NASDAQ 100?
No, Perion Network is not included in the NASDAQ 100 index
Is Perion Network in the Dow Jones?
No, Perion Network is not included in the Dow Jones index
When was Perion Network the previous earnings report?
No data
When does Perion Network earnings report?
The next expected earnings date for Perion Network is 07 February 2025