Perion Network Ltd Stock News

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers with consumers across all major digital channels, announced today it plans to release third quarter 2024 results prior to the opening of the financial markets on Wednesday, November 6, 2024. Tal Jacobson, CEO, and Elad Tzubery, CFO, will host a conferenc...

Perion Network is very undervalued, trading near its net cash level of $400 million, offering significant upside in a business turnaround. Despite recent operational challenges and -70% share selloff, the company runs several units growing at a fast clip. Technical trading indicators suggest a potential price bounce, with targets between $12 and $22 if sales stabilize and cash levels increase.

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today that it will participate in the following conferences: Oppenheimer's 27th Annual Technology, Internet & Communications Conference on August 12 (Virtual) Lake Street BIG8 Investor Conference ...

Q2 results show revenue down 39% y/y, but growth in technologies like Retail media, CTV Advertising, and DOOH softens the blow. Management's handling of Bing Search changes raises questions, but promising diversification efforts and growth in other technologies show potential. Cost-cutting measures and potential for aggressive share buybacks with $400m in cash make Perion Network a buy at the c...

The business has faced multiple challenges recently, which has led to a drastic decline in its share price. However, Q2 earnings show that growth in CTV, Retail media and DOOH remains strong and will be key to the thesis going forward. The company's net cash provides downside protection, and management is aggressively repurchasing shares.

Perion Network Ltd. (NASDAQ:PERI ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Maoz Sigron - Chief Financial Officer Elad Tzubery - Senior Vice President of Finance Conference Call Participants Jason Helfstein - Oppenheimer Laura Martin - Needham & Company Mark Kelly - Stifel Eric Martinuzzi - Lake Street Capital Jeff Mar...

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Perion Network (NASDAQ:PERI) layoffs are coming for the company's employees as it seeks to streamline its operations. Perion Network is cutting 35 jobs from its Israeli search division.