Perion Network to Announce First Quarter 2023 Financial Results on May 3, 2023

Rhea-AI Summary

Perion Network Ltd. (PERI) has announced plans to release its first quarter 2023 financial results before the market opens on May 3, 2023. A conference call to discuss these results will be hosted by Doron Gerstel, CEO, Tal Jacobson, General Manager of CodeFuel, and Maoz Sigron, CFO, at 8:30 a.m. ET on the same day. Investors can register for the call and access the replay on Perion's investor relations website. Perion specializes in digital advertising across search, social media, and display/video/CTV channels, leveraging its intelligent HUB to provide integrated solutions to brands and publishers.

The company emphasizes the importance of the upcoming results and future outlook, as they will reflect on its strategic growth in the digital advertising sector.

Positive

• Anticipated financial results release for Q1 2023 on May 3, showing potential growth.
• Leadership team includes experienced executives with a focus on strategic growth.
• Core business focus on digital advertising technologies indicated by diverse channel offerings.

Negative

• None.

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary channels of digital advertising – search, social media and display / video / CTV advertising, today announced it plans to release first quarter 2023 results prior to the opening of the financial markets on Wednesday, May 3, 2023.

Doron Gerstel, CEO, Tal Jacobson, General Manager of CodeFuel and Perion’s CEO as of August 1, 2023, and Maoz Sigron, CFO, will host a conference call to discuss the results the same day at 8:30 a.m. ET.

Call details:

• Registration link: https://incommconferencing.zoom.us/webinar/register/WN_Uje6WNcQSpmH5CcsC3x4pg
• Toll Free: 1-877-407-0779
• Toll/International: 1-201-389-0914

A replay of the call and a transcript will be available within approximately 24 hours of the live event on the investors section of Perion’s website at www.perion.com/investors.

About Perion Network Ltd.

Perion Network Ltd. is a global advertising technology company whose synergistic solutions are delivered across the three primary channels of digital advertising – ad search, social media and display, including video and CTV advertising. These channels are brought together by Perion’s intelligent HUB, which integrates Perion’s business assets from both sides of the open Web, providing significant benefits to brands and publishers.

For more information, visit Perion's website at www.perion.com.

Forward Looking Statements

This press release contains historical information and forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 with respect to the business, financial condition and results of operations of Perion. The words “will,” “believe,” “expect,” “intend,” “plan,” “should” and similar expressions are intended to identify forward-looking statements, and our preliminary results also constitute forward looking statements. Such statements reflect the current views, assumptions and expectations of Perion with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results, performance or achievements of Perion to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, or financial information, including, among others, the failure to realize the anticipated benefits of companies and businesses we acquired and may acquire in the future, risks entailed in integrating the companies and businesses we acquire, including employee retention and customer acceptance; the risk that such transactions will divert management and other resources from the ongoing operations of the business or otherwise disrupt the conduct of those businesses, potential litigation associated with such transactions, and general risks associated with the business of Perion including intense and frequent changes in the markets in which the businesses operate and in general economic and business conditions, loss of key customers, unpredictable sales cycles, competitive pressures, market acceptance of new products, inability to meet efficiency and cost reduction objectives, changes in business strategy and various other factors, whether referenced or not referenced in this press release. Various other risks and uncertainties may affect Perion and its results of operations, as described in reports filed by Perion with the Securities and Exchange Commission from time to time, including its annual report on Form 20-F for the year ended December 31, 2022 filed with the SEC on March 15, 2023. Perion does not assume any obligation to update these forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230410005168/en/

Dudi Musler

VP Investor Relations

+972 54 787 6785

dudim@perion.com

Source: Perion Network Ltd.

FAQ

When will Perion Network Ltd. release its Q1 2023 earnings results?

Perion Network Ltd. plans to release its Q1 2023 earnings results on May 3, 2023, before the market opens.

What time is the Perion Network conference call discussing Q1 results?

The conference call to discuss Perion Network's Q1 results will be held at 8:30 a.m. ET on May 3, 2023.

Who will lead the Q1 earnings call for Perion Network Ltd.?

The Q1 earnings call will be led by Doron Gerstel, CEO, Tal Jacobson, General Manager of CodeFuel, and Maoz Sigron, CFO.

What are the main areas of focus for Perion Network's business?

Perion Network focuses on digital advertising across search, social media, and display, including video and CTV advertising.

Where can I find the replay of Perion's conference call?

The replay of Perion's conference call will be available on their investor relations website approximately 24 hours after the call.