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), a leading global advertising technology firm, will present at the Stifel 2021 virtual cross sector insight conference on June 8 at 9:20 AM Eastern Time. CEO Doron Gerstel and CFO Maoz Sigron will engage with investors through one-on-one meetings throughout the event. The presentation will be accessible via webcast, highlighting Perion's strategies in digital advertising, including ad search, social media, and display/video/CTV advertising. Perion aims to provide comprehensive solutions to optimize advertising budgets across multiple channels.
Perion Network Ltd. (NASDAQ:PERI), a global advertising technology company, announced its participation in the 22nd Oppenheimer Annual Israeli Conference on May 23. CEO Doron Gerstel and CFO Maoz Sigron will hold one-on-one meetings with investors. Maoz Sigron will present on the same day at 11:00 AM Israel time (04:00 AM Eastern Time). Perion focuses on delivering comprehensive digital advertising solutions, leveraging capabilities in interactive television, content monetization, and partnerships with Microsoft Bing. This diversification aims to capture shifting advertising budgets.
Perion Network Ltd. (NASDAQ:PERI) announced its participation in the 16th Annual Needham Virtual Technology & Media Conference on May 19. CEO Doron Gerstel will present at 9:30 AM Eastern Time, which will be available via webcast. Investor meetings will be held throughout the day with CEO Doron Gerstel and CFO Maoz Sigron. Perion specializes in digital advertising solutions across various platforms, focusing on effective user engagement through innovative technologies, including iCTV and social media management.
Perion Network Ltd. (NASDAQ: PERI) reported its financial results for the first quarter of 2021, achieving significant growth in digital advertising. Key highlights include a 61% increase in Display and Social Advertising revenues, reaching $38.1 million, and a 22% rise in Search Advertising, totaling $51.7 million. Average daily searches surged 45% year-over-year, reaching 17.7 million. Net cash improved to $128 million, with all outstanding debt repaid. The introduction of their Actionable Performance Monitoring system also attracted 7 new customers since January 2021.
Perion Network Ltd. (NASDAQ: PERI) will announce its Q1 2021 financial results on May 4, 2021, before market opening. CEO Doron Gerstel and CFO Maoz Sigron will host an earnings call at 8:30 a.m. ET to discuss these results. Investors can access the live and archived webcast through Perion's investor relations webpage.
The company specializes in Synchronized Digital Branding solutions across digital advertising sectors, including Ad Search, Social Media, and Display/Video.
Perion Network Ltd. (NASDAQ: PERI) has launched Paragone.ai's Actionable Performance Monitoring (APM), enhancing its multi-channel social advertising management platform. This SaaS solution offers a unified interface for brands to track social advertising spend and improve performance through real-time predictions and recommendations. Major clients like The Walt Disney Company and Havas Media are already benefiting from Paragone's technology. Management highlights APM's ability to optimize ROI and streamline social advertising strategies, positioning Perion to capitalize on the growing demand for effective digital advertising solutions.
Perion Network Ltd. (NASDAQ: PERI) has raised its revenue and Adjusted EBITDA guidance for 2021 due to a strong start to the year. Revenue expectations for Q1 2021 now range between $86-$87 million, reflecting a 31% YoY growth. Adjusted EBITDA is anticipated to exceed $7.2 million, up from $6.2 million in Q1 2020. For the full year, revised revenue guidance is $370-$380 million, and Adjusted EBITDA guidance is $37-$38 million. The CEO highlighted strong momentum from shifts in digital advertising spending. An investor event will be held to further discuss growth areas.
Perion Network Ltd. (NASDAQ: PERI), a leading global advertising technology company, has announced an Investor Day on March 8, 2021, starting at 10:00 a.m. Eastern Time. The event will showcase Perion's Capture & Convince growth strategy with discussions involving top partners and customers. A live video webcast will be available, and registration is required. Additionally, a replay of the presentations will be accessible on the Company's investor relations website following the event.
Undertone has announced the expansion of its audience data for ad targeting by incorporating Fyllo’s cannabis and CBD audience segments. This partnership enables enhanced targeting for marketers in consumer categories such as CPG, QSR, Pharma, Alcohol, and Retail, tapping into a previously inaccessible consumer group. The cannabis market has shown considerable growth, with 61 million US adults now consuming cannabis or CBD regularly. This data is expected to provide significant opportunities for brands across various sectors.
Perion Network Ltd. (NASDAQ: PERI) reported its fourth quarter and full-year 2020 financial results, showcasing significant revenue growth. Revenues for Q4 reached $118.3 million, a 51% increase year-over-year, driven primarily by a 159% surge in Display and Social Advertising revenues at $68.4 million. However, Search Advertising revenues dipped 4% to $49.9 million. Full-year revenues rose 25% to $328.1 million. The company achieved a GAAP net income of $9.0 million for Q4, up 53% from the previous year. Management anticipates revenue of $350 million to $370 million in 2021.
