STOCK TITAN
  1. Home
  2. News
  3. PERI

Perion Network Ltd. - PERI STOCK NEWS

Welcome to our dedicated page for Perion Network Ltd. news (Ticker: PERI), a resource for investors and traders seeking the latest updates and insights on Perion Network Ltd. stock.

Perion Network Ltd. (symbol: PERI) is a global performance-based media and internet company that brings together innovative technology and strategic data-driven solutions to help online publishers and app developers monetize their content effectively. Operating primarily in the realm of online advertising and search solutions, Perion connects advertisers to consumers across a myriad of digital advertising channels such as search advertising, social media, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising.

Core Business:

Perion's core business revolves around providing advanced technology platforms like CodeFuel, a leading software monetization platform that empowers digital businesses to optimize installs, analyze data, and maximize revenue. The company's mobile marketing unit, GrowMobile, enables app marketers to acquire mobile users from top traffic sources such as Google, Facebook, and Twitter, while improving user retention through CRM engagement campaigns.

Financial Condition & Revenue Streams:

Perion earns its prime revenue from search advertising and display advertising services. Geographically, a significant portion of its revenue is generated from the United States, with the remainder coming from other regions globally. The company operates within the business segment of High Impact Advertising solutions, ensuring high visibility and engagement for its clients' campaigns.

Recent Achievements & Current Projects:

Perion has been at the forefront of innovation, continually creating value for the app ecosystem. With decades of experience in operating and investing in digitally-enabled businesses, the Perion team leverages its expertise to push the boundaries of digital advertising. Recent developments include expanding their technological capabilities to integrate more seamless and effective digital advertising solutions, thus enhancing the reach and impact of their clients' marketing efforts.

Follow Perion on Twitter: @perionnetwork.

News

Perion Adopts a Share Repurchase Program of up to $50 Million

Rhea-AI Summary
Perion Network Ltd. announces a $50 million share repurchase program, aiming to capitalize on undervalued shares and support growth and M&A strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
buyback
-
News

Perion’s Diversification Strategy Continues to Drive Strong Performance as Company Achieves Quarterly Growth in Search, CTV and Retail Media

Rhea-AI Summary
Perion Network Ltd. reported annual year-over-year growth of 16% in revenue, 18% in GAAP Net Income, and 28% in Adjusted EBITDA. The company achieved notable growth in Search, CTV, and Retail Media, with Retail Media revenue increasing by 196% year-over-year. The acquisition of Hivestack further solidifies Perion's differentiated offer to customers, opening up new synergistic opportunities within their suite of solutions for brands and retailers. Perion's strong cash flow from operations of $155 million for the full year of 2023 positions them well for executing additional acquisitions, further expanding their solutions and enhancing shareholder value. The company expects strong double-digit revenue and adjusted EBITDA growth in the coming years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.12%
Tags
none
-
News

Perion's Hivestack Partners with Eletromidia to Integrate Entire Digital Inventory Across 46,000 Screens in Brazil

Rhea-AI Summary
Perion Network Ltd. (PERI) announced a partnership between its programmatic digital out of home (DOOH) platform, Hivestack, and Eletromidia, the major out of home (OOH) media company in Brazil, with more than 64,000 screens in the country's largest cities. The collaboration aims to empower local and global advertisers to leverage sophisticated and targeted campaigns, taking advantage of the precision and relevance programmatic media provides. This partnership will open up new business opportunities for Perion in the Brazilian market and enable Eletromidia to expand its programmatic media distribution and strengthen its leadership in the DOOH market in Brazil.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.12%
Tags
partnership
News

Perion Network to Announce Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024

Rhea-AI Summary
Perion Network Ltd. (PERI) plans to release Q4 and full year 2023 results on February 7, 2024. CEO Tal Jacobson and CFO Maoz Sigron will host a conference call to discuss the results at 8:30 a.m. ET. Registration link and replay details available on Perion's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
earnings
-
News

Perion Integrates Amazon Publisher Services (APS) Through the Vidazoo Platform to Expand Reach of High-Quality Demand to More Publishers

Rhea-AI Summary
Perion Network Ltd. (PERI) integrates its Vidazoo video monetization platform with Amazon Publisher Services (APS) to provide demand through a server-to-server marketplace, reduce page load latency, and improve user experience. The integration includes two prominent APS services: Transparent Ad Marketplace (TAM) and Unified Ad Marketplace (UAM), enabling Vidazoo to attract more publishers and connect them with premium advertisers. This collaboration aims to enhance publisher returns through advanced ad impressions, user engagement, and revenue strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
-
News

Perion Network Announces Conference Participation in January 2024

Rhea-AI Summary
Perion Network Ltd. (PERI) to participate in the 26th Annual Needham Growth Conference, hosting one-on-one investor meetings and a fireside chat. Live webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
none
News

Perion Acquires Hivestack, a Leading Global Full-Stack Digital Out-Of-Home (DOOH) Platform

Rhea-AI Summary
Perion Network Ltd. (PERI) completes the acquisition of Hivestack Inc., a global DOOH company, for US $100 million in cash and a 3-year employee retention and performance-based payment plan of up to US $25 million. This positions Perion at the forefront of the fast-growing DOOH channel, diversifying its offering and expanding its global footprint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.9%
Tags
acquisition
-
News

Perion Network Announces Conference Participation in December 2023

Rhea-AI Summary
Perion Network Ltd. (PERI) to participate in UBS Global Media and Communications Conference and Raymond James TMT and Consumer Conference, with management hosting one-on-one meetings with investors and a fireside chat on December 5 at 9:10am Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
none
-
News

Perion Appoints CEO Tal Jacobson to its Board of Directors

Rhea-AI Summary
Perion Network Ltd. (PERI) appoints CEO Tal Jacobson to the Board of Directors, replacing former CEO Doron Gerstel. The company's Chairman of the Board, Eyal Kaplan, expresses gratitude to Doron and welcomes Tal, positioning Perion for future success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
management
News

Perion Continues to Deliver Strong Results with 17% Year-Over-Year Increase in Revenue and 29% Growth in Adjusted EBITDA

Rhea-AI Summary
Perion Network Ltd. reported its financial results for Q3 2023, with revenue increasing by 17% and adjusted EBITDA increasing by 29% year-over-year. The company's Retail Media solutions are on track to exceed annual revenue goals. Perion also launched WAVE, a generative AI-powered dynamic audio advertising solution. Albertsons is an early adopter of WAVE and plans to scale its use. Perion plans to expand WAVE to other verticals such as QSR, automotive, and travel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.34%
Tags
none

FAQ

What is the current stock price of Perion Network Ltd. (PERI)?

The current stock price of Perion Network Ltd. (PERI) is $9.68 as of February 4, 2025.

What is the market cap of Perion Network Ltd. (PERI)?

The market cap of Perion Network Ltd. (PERI) is approximately 446.1M.

What does Perion Network Ltd. specialize in?

Perion Network Ltd. specializes in performance-based media and internet services, offering advanced technology solutions for online advertising and app monetization.

What are the primary revenue streams for Perion?

Perion's primary revenue streams come from search advertising and display advertising services.

What is CodeFuel?

CodeFuel is Perion's leading software monetization platform that helps digital businesses optimize installs, analyze data, and maximize revenue.

Which regions generate the most revenue for Perion?

The majority of Perion's revenue is generated from the United States, with additional revenue coming from other global regions.

How does GrowMobile help app marketers?

GrowMobile enables app marketers to acquire mobile users from top traffic sources like Google, Facebook, and Twitter, while improving user retention through CRM engagement campaigns.

What are the main digital advertising channels used by Perion?

Perion utilizes various digital advertising channels, including search advertising, social media, display, video, digital audio, DOOH, and Connected TV advertising.

What segment does Perion operate in?

Perion operates in the business segment of High Impact Advertising solutions.

Who can benefit from Perion's services?

Online publishers, app developers, brands, agencies, and advertisers can benefit from Perion's advanced technology and data-driven advertising solutions.

How does Perion contribute to the app ecosystem?

Perion creates value for the app ecosystem through continuous innovation and leveraging decades of expertise in digitally-enabled businesses.

Where can I follow Perion for more updates?

You can follow Perion on Twitter at @perionnetwork for the latest updates and news.
Stock PERI logo
Perion Network Ltd.

Nasdaq:PERI

PERI Rankings

#3225 Ranked by Market Cap
N/A Ranked by Dividends

PERI Stock Data

446.11M
47.31M
55.57%
1.31%
Internet Content & Information
Communication Services
Link
United States of America
Holon