Perion(PERI)

Search documents
Perion(PERI) - 2021 Q3 - Quarterly Report
2021-10-25 16:00
Exhibit 99.1 Perion Delivers Record Revenues, Up 45% Year-Over-Year; GAAP Net Income Up 399% for the Third Quarter of 2021 Display Advertising revenues growth of 82% driven by high-impact video and CTV performance; Management increases guidance for 2021 and 2022 Tel Aviv & New York – October 26, 2021 – Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company that delivers a holistic solution across the three main pillars of digital advertising – ad search, social media, and display / vide ...
Perion(PERI) - 2021 Q2 - Earnings Call Transcript
2021-08-03 16:30
Perion Network Ltd. (NASDAQ:PERI) Q2 2021 Earnings Conference Call August 3, 2021 8:30 AM ET Company Participants Doron Gerstel - CEO Maoz Sigron - CFO Conference Call Participants Jason Helfstein - Oppenheimer Laura Martin - Needham Eric Martinuzzi - Lake Street Jeff Martin - Roth Capital Partners Paul Sayer - Private Investor Operator Welcome to the Perion Network Second Quarter of 2021 Earnings Conference Call. TodayÂ's call is being recorded. The press release detailing the financial results is availabl ...
Perion(PERI) - 2021 Q1 - Earnings Call Transcript
2021-05-04 16:31
Perion Network Ltd. (NASDAQ:PERI) Q1 2021 Results Conference Call May 4, 2021 8:30 AM ET Company Participants Doron Gerstel - CEO Maoz Sigron - CFO Dan Aks - President, Undertone Conference Call Participants Laura Martin - Needham John Egbert - Stifel Jason Helfstein - Oppenheimer Eric Martinuzzi - Lake Street Jeff Martin - Roth Capital Partners Chris McGinnis - Sidoti & Company John Nobile - Taglich Brothers Operator Welcome to the Perion Network First Quarter of 2021 Earnings Conference Call. TodayÂ's con ...
Perion(PERI) - 2020 Q4 - Annual Report
2021-03-24 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date o ...
Perion(PERI) - 2020 Q4 - Earnings Call Transcript
2021-02-10 06:29
Perion Network Ltd. (NASDAQ:PERI) Q4 2020 Earnings Conference Call February 9, 2021 8:30 AM ET Company Participants Doron Gerstel - Chief Executive Officer Maoz Sigron - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Eric Martinuzzi - Lake Street Laura Martin - Needham Jeff Martin - ROTH Capital Partners Chris McGinnis - Sidoti & Company Operator Welcome to the Perion Network’s Fourth Quarter and Full Year 2020 Earnings Conference Call. Today’s conference is being recorde ...
Perion(PERI) - 2020 Q3 - Earnings Call Transcript
2020-10-29 04:08
Perion Network Ltd (NASDAQ:PERI) Q3 2020 Earnings Conference Call October 28, 2020 8:00 AM ET Company Participants Doron Gerstel - Chief Executive Officer Maoz Sigron - Chief Financial Officer Daniel Aks - President, Undertone Networks | --- | |-----------------------------------| | | | Conference Call Participants | | Jason Helfstein - Oppenheimer | | Eric Martinuzzi - Lake Street | | Chris McGinnis - Sidoti & Company | | Derek Bob - Private Investor | | John Nobile - Taglich Brothers | Operator Welcome to ...
Perion(PERI) - 2020 Q3 - Earnings Call Presentation
2020-10-28 17:51
1 DATA-DRIVEN AD TECH SOLUTIONS FOR BRANDS & PUBLISHERS COMPANY DECK October 2020 | --- | --- | --- | --- | |-------------|-------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | BIG | | | $333B | | ADDRESSABLE | | | | | MARKET | | | Global Digital | Source: eMarketer.com 6/2020 Perion 2 ADDRESSABLE MARKET | --- | |-------| | | | | | | | | | $526B | HUGE TOMORROW Source: eMarketer.com 6/2020 Perion 3 | --- | --- | --- | |------------------------------------------|-------|------ ...
Perion Network (PERI) Investor Presentation - Slideshow
2020-09-18 11:54
1 DATA-DRIVEN AD TECH SOLUTIONS FOR BRANDS & PUBLISHERS COMPANY DECK August 2020 | --- | --- | --- | --- | |-------------|-------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | BIG | | | $333B | | ADDRESSABLE | | | | | MARKET | | | Global Digital | Source: eMarketer.com 6/2020 Perion 2 ADDRESSABLE MARKET | --- | |-------| | | | | | | | | | $526B | HUGE TOMORROW Source: eMarketer.com 6/2020 Perion 3 | --- | --- | --- | |------------------------------------------|-------|------- ...
Perion(PERI) - 2020 Q2 - Earnings Call Transcript
2020-08-06 03:10
Financial Data and Key Metrics Changes - In Q2 2020, revenues decreased by 5% from $63.6 million in Q2 2019 to $60.3 million, with advertising revenue down 12% primarily due to COVID-19 impacts [21][24] - Net loss for Q2 2020 was $2.2 million or $0.08 per diluted share, compared to net income of $2.9 million or $0.11 per diluted share in Q2 2019 [23][24] - Adjusted EBITDA in Q2 2020 was $2.5 million, down from $7.4 million in Q2 2019 [24] Business Line Data and Key Metrics Changes - Advertising revenue was $18.7 million, while search and other revenues were $41.7 million, with advertising contributing 31% to total revenue [21][22] - Customer acquisition costs in media buy were $36.8 million or 61% of revenue, up from $33.2 million or 52% in Q2 2019, primarily due to the acquisition of Content IQ [23] Market Data and Key Metrics Changes - Digital ad spending is expected to decline by approximately $20 billion, representing a 20% drop from 2019, with a potential rebound in the second half of the year [5] - The advertising business was negatively impacted by a 25% to 35% reduction in ad spending across sectors, particularly travel and automobile [9] Company Strategy and Development Direction - The company aims to drive top-line growth and profitability through innovation and accretive M&A without raising additional capital [6][27] - The acquisition of Pub Ocean is part of the company's strategy to enhance its advertising business unit and is expected to generate an incremental $25 million in revenue and $5 million in adjusted EBITDA over the next 12 months [16][20] Management's Comments on Operating Environment and Future Outlook - Management believes the worst of COVID-19's impact is behind them, providing guidance for the second half of 2020 with expected revenues between $150 million to $160 million and adjusted EBITDA of $11 million to $13 million [28] - The company is optimistic about improving business indicators and market trends in early Q3 [9][28] Other Important Information - The integration of Content IQ has been completed smoothly, and the company is working on enhancing the integration of CodeFuel's signals into the Content IQ and Pub Ocean platforms [13][14] - The partnership with Microsoft has expanded, covering more products and geographies, which is expected to drive new revenue streams [11] Q&A Session Summary Question: Comparison of Pub Ocean and CIQ - Management described Pub Ocean and CIQ as complementary, with CIQ lacking content recommendation capabilities that Pub Ocean provides [31] Question: Revenue Monetization from Pub Ocean - The majority of Pub Ocean's revenue is generated from its own sites, approximately 80% [32] Question: Trends in Advertising Business - Management noted that while travel and automobile sectors significantly impacted revenue, other sectors are beginning to increase their ad spend [39] Question: Future of the Search Business - The search business has shown resilience, with growth driven by new products and a strong partnership with Microsoft Bing [34][45] Question: Industry Trends and CPM - Management indicated that CPM trends have been negatively affected, with advertisers shifting from high-impact ad units to lower-cost options during budget cuts [46] Question: Future Outlook Post-Acquisitions - Management expects significant integration benefits from the acquisitions of Content IQ and Pub Ocean, enhancing their capabilities in the advertising space [48]
Perion Network (PERI) Investor Presentation - Slideshow
2020-05-21 17:24
1 DATA-DRIVEN AD TECH SOLUTIONS FOR BRANDS & PUBLISHERS COMPANY DECK May 2020 | --- | --- | --- | --- | |-------------|-------|-------|----------------| | | | | | | | | | | | | | | | | | | | | | | | | | | BIG | | | $333B | | ADDRESSABLE | | | | | MARKET | | | Global Digital | Source: eMarketer.com 4/2019 Perion 2 ADDRESSABLE MARKET | --- | --- | |-------|-------| | | | | | | | | | | | | | | | HUGE TOMORROW Source: eMarketer.com 4/2019 Perion 3 THE GIANTS ARE CONSOLIDATING THE WORLD Facebook, Google and Amaz ...