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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.

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.
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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.
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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.
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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.
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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.
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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.
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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.
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Perion Network provides update on ongoing conflict in Israel
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Perion Network appoints Kenny Lau as Chief Product Officer to drive high-growth solutions in Commerce Media, CTV, and AI-based solutions
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Perion Network's SORT® wins 'Best Cookieless Identification Technology' at Digiday Technology Awards
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FAQ

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

The current stock price of Perion Network Ltd. (PERI) is $8.21 as of December 20, 2024.

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

The market cap of Perion Network Ltd. (PERI) is approximately 387.9M.

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.

Perion Network Ltd.

Nasdaq:PERI

PERI Rankings

PERI Stock Data

387.92M
47.31M
55.74%
1.7%
Internet Content & Information
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United States of America
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