Perion Network (PERI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.22%. A quarter ago, it was expected that this digital media company would post earnings of $0.76 per share when it actually produced earnings of $0.84, delivering a surprise of 10.53%.Over the last four quarters, ...

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, today reported its financial results for the fourth quarter and full year ended December 31, 2023. “Our fourth quarter and annual results showed notable growth in Search, CTV and Retail Media, further demonstrating the positive impact of our business diversification and continued focus on technology and innovation. In 2023 ...

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today 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, out of which more than 46,000 are designed for a high impact digital experience. Combini ...

Exhibit 99.1 Perion's Diversification Strategy Continues to Drive Strong Performance as Company Achieves Quarterly Growth in Search, CTV and Retail Media Delivers Annual Year-Over-Year Growth of 16% in Revenue, 18% in GAAP Net Income and 28% in Adjusted EBITDA New York & Tel Aviv– February 7, 2024 – Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, today reported its financial results for the fourth quarter and full yea ...

Perion Network (PERI) is slated to release its fourth-quarter 2023 results on Feb 7.For the fourth quarter, the Zacks Consensus Estimate for revenues is pegged at $233.11 million, suggesting an increase of 11.18% from the year-ago quarter’s levels.The consensus mark for earnings stands at 97 cents per share, unchanged in the past 30 days, calling for an increase of 7.78% from the year-ago quarter’s figures.Perion’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average sur ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Perion Network (PERI) .Perion Network currently has an average brokerage r ...

Perion Network (PERI) closed the most recent trading day at $31.20, moving +1.46% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.76%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 1.12%.The digital media company's shares have seen a decrease of 0.39% over the last month, not keeping up with the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5%.The investment communit ...

Pgiam/iStock via Getty Images Introduction Perion Network's (NASDAQ:PERI) financial performance is impressive since the company's revenue growth multiple times outpaced the overall digital advertising market expansion in recent years. PERI's profitability is also expanding rapidly, and the company has a clean balance sheet. Perion is an innovative tech company, and its business model looks highly efficient. From the risks perspective, potential investors should be aware that Perion faces a substantial custo ...

Perion Network (PERI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this digital media company have returned -2.7% over the past month versus the Zacks S&P 500 composite's +2.5% change. The Zacks Internet - Content industry, to which Perion Network belongs, has gained 1.2% over this period. Now the key question is: Where could the stock be headed in the near term?Whi ...

Shutthiphong Chandaeng Intro Perion Network (NASDAQ:PERI) is a global technology company that operates in the digital marketing industry, providing advertising and marketing solutions to businesses, helping them reach their target audiences more effectively in the online space. The company operates two revenue streams: Display advertising and Search advertising. For additional context, display advertising involves visually engaging elements like images and videos to promote products or services online, ...