Ankündigung • 10h
Perion Network Ltd. Reiterates Earnings Guidance for the Full Year 2026 Perion Network Ltd. reiterating earnings guidance for the full year 2026. For the year, the company expects revenue of $460 million to $490 million. Reported Earnings • 20h
First quarter 2026 earnings released: US$0.26 loss per share (vs US$0.19 loss in 1Q 2025) First quarter 2026 results: US$0.26 loss per share (further deteriorated from US$0.19 loss in 1Q 2025). Revenue: US$90.4m (up 1.2% from 1Q 2025). Net loss: US$10.0m (loss widened 20% from 1Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Media industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. New Risk • May 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Significant insider selling over the past 3 months (₪212k sold). Ankündigung • Apr 29
Perion Network Ltd. to Report Q1, 2026 Results on May 20, 2026 Perion Network Ltd. announced that they will report Q1, 2026 results Pre-Market on May 20, 2026 Reported Earnings • Mar 19
Full year 2025 earnings released: US$0.19 loss per share (vs US$0.27 profit in FY 2024) Full year 2025 results: US$0.19 loss per share (down from US$0.27 profit in FY 2024). Revenue: US$439.9m (down 12% from FY 2024). Net loss: US$7.93m (down 163% from profit in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Media industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 19
Full year 2025 earnings released: US$0.19 loss per share (vs US$0.27 profit in FY 2024) Full year 2025 results: US$0.19 loss per share (down from US$0.27 profit in FY 2024). Revenue: US$439.9m (down 12% from FY 2024). Net loss: US$7.93m (down 163% from profit in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Media industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 27
Perion Network Ltd. to Report Q4, 2025 Results on Feb 18, 2026 Perion Network Ltd. announced that they will report Q4, 2025 results Pre-Market on Feb 18, 2026 Ankündigung • Nov 14
Perion Network Ltd., Annual General Meeting, Dec 18, 2025 Perion Network Ltd., Annual General Meeting, Dec 18, 2025. Location: co. offices, Israel Buy Or Sell Opportunity • Nov 13
Now 22% undervalued Over the last 90 days, the stock has risen 12% to ₪33.63. The fair value is estimated to be ₪43.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Nov 13
Perion Network Ltd. Reiterates Earning Guidance for the Full Year 2025 Perion Network Ltd. reiterating earning guidance for the full year 2025. For the year, the company expects revenue of $430 million to $450 million. Ankündigung • Nov 06
Perion Network Ltd. Launches DOOH Player, Completion the Full-Stack Marketing Operating System for DOOH and Retail Media Perion Network Ltd. announced the launch of the period DOOH Player, a next-generation solution that completes the company’s advanced full-stack technology for Digital-Out-of-Home (DOOH) and Retail Media. The solution is designed to drive operational scale and new recurring and predictable revenue opportunities. This launch marks a significant milestone in Perion’s strategy to build a Marketing Operating System that unifies ad delivery, optimization, and monetization across multiple channels - extending Perion’s differentiated presence in high-growth media environments. The period DOOH Player integrates seamlessly into its Ad Server, Header Bidder, and SSP, creating an end-to-end solution that replaces fragmented legacy systems. With this unified solution, media owners can seamlessly create, manage, and deliver ad campaigns, maximizing both direct and programmatic revenue from a single platform. At the same time, display signage partners benefit from a flexible, hardware-agnostic integration layer that ensures compatibility across digital signage environments. The period DOOH Player introduces a range of advanced capabilities: Dynamic Ad Serving: Replaces rigid schedules and loops with goal-based ad delivery using share of voice, impressions, or audience targeting. This allows sales teams to sell more campaigns to more advertisers. Programmatic Flexibility: Adds flexibility for advanced buying types such as DCO and Programmatic Guaranteed, across static, video, and dynamic ad formats. Smart Offline Support: Maintains campaign pacing even during network disruptions or inconsistent internet access. Hardware and OS Agnostic: Compatible with a wide range of digital signage setups, including Windows, Linux, Android, and System-on-Chip devices, ensuring seamless integration with global display manufacturers and digital signage solution providers. Advanced Network Management: Provides central control for remote management, screen synchronization, complex video walls, and creative playback across multiple screens simultaneously By completing the DOOH full-stack, period strengthens its position as a technology leader, bridging the open and closed web, expanding its platform reach into high-growth channels that offer measurable performance, recurring revenue opportunities, and long-term operating leverage. Ankündigung • Oct 28
Perion Network Ltd. to Report Q3, 2025 Results on Nov 12, 2025 Perion Network Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 12, 2025 Ankündigung • Sep 11
Perion Network Ltd. Launches "SODA " - Next Generation Ai-Powered Supply-Side Technology for Web and Dooh Designed to Increase Revenue for Publishers, and Reduce Waste for Advertisers Perion Network Ltd. announced the launch of SODA (Supply Optimization & Demand Amplification), an AI-powered suite of solutions for publishers, featuring a next-generation AI algorithm for Supply Path Optimization (SPO) designed to maximize efficiency and monetization across every ad impression. With SODA, period introduces a new standard in Supply Path Optimization. Powered by real-time mediation, direct integration with Perion's demand-side intelligence, and sustainability logic, SODA delivers SPO 2.0, a breakthrough for digital publishers seeking financial performance, efficiency, and environmental responsibility. SODA integrates seamlessly into any website and DOOH screen, introducing a suite of capabilities: Smart Mediation Layer: SODA evaluates all incoming bid requests from Demand-Side Platforms (DSPs) and Supply-Side Platforms (SSPs), selecting only the top-performing paths to ensure maximum yield for publishers. Demand-Side Synergy with Perion's Algo: Running in parallel with Perion's demand- side Algo, SODA enables enhanced feedback loops, constantly identifying and rewarding high-performing inventory with increased demand and higher CPMs. SODA is now available for integration for selected premium publishers, and is already in use by Mediatransports, a leader in Digital-Out-Of-Home advertising in France, leveraging its AI-powered capabilities to optimize DOOH campaigns in transport environments, such as train stations and subways. Reported Earnings • Aug 12
Second quarter 2025 earnings released: US$0.083 loss per share (vs US$0.13 loss in 2Q 2024) Second quarter 2025 results: US$0.083 loss per share (improved from US$0.13 loss in 2Q 2024). Revenue: US$103.0m (down 5.3% from 2Q 2024). Net loss: US$3.47m (loss narrowed 44% from 2Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Board Change • Aug 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. CEO & Director Tal Jacobson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jul 10
Perion Network Ltd. to Report Q2, 2025 Results on Aug 11, 2025 Perion Network Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 11, 2025 New Risk • May 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 14
First quarter 2025 earnings released: US$0.19 loss per share (vs US$0.24 profit in 1Q 2024) First quarter 2025 results: US$0.19 loss per share (down from US$0.24 profit in 1Q 2024). Revenue: US$89.3m (down 43% from 1Q 2024). Net loss: US$8.35m (down 171% from profit in 1Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Ankündigung • May 14
Perion Network Ltd. Raises Earnings Guidance for Full Year 2025 Perion Network Ltd. raised earnings guidance for full year 2025. Based on current expectations, the Company is increasing its full-year 2025 outlook ranges: Revenue of $430 to $450 million. Ankündigung • May 13
Perion Network Ltd. (NasdaqGS:PERI) acquired Greenbids. Perion Network Ltd. (NasdaqGS:PERI) acquired Greenbids for $65 million on May 13, 2025. The transaction terms include $27.5 million in cash paid upon closing, a two-year cash earnout of $22.5 million, and a 3-year employee retention of $15 million in cash and equity. the transaction is expected to be accretive to Perion’s adjusted EBITDA and margins from day one.
LUMA Partners LLC acted as financial advisor for Greenbids.
Perion Network Ltd. (NasdaqGS:PERI) completed the acquisition ofGreenbids for $65 million on May 13, 2025. Ankündigung • May 07
Perion Network Ltd.(TASE:PERI) dropped from TA-125 Index Perion Network Ltd. has been dropped from the TA-125 Index. Buy Or Sell Opportunity • Apr 17
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.0% to ₪32.28. The fair value is estimated to be ₪26.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 6.4%. Revenue is forecast to decline by 11% in 2 years. Earnings are forecast to decline by 21% in the next 2 years. Ankündigung • Apr 17
Perion Network Ltd. Provides Earnings Guidance for the First Quarter Ended March 31, 2025 Perion Network Ltd. provided earnings guidance for the first quarter ended March 31, 2025. For the quarter, the company expects to report revenue of approximately $88 million. Ankündigung • Apr 16
Perion Network Ltd. to Report Q1, 2025 Results on May 13, 2025 Perion Network Ltd. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 Buy Or Sell Opportunity • Mar 27
Now 21% overvalued Over the last 90 days, the stock has fallen 2.3% to ₪29.71. The fair value is estimated to be ₪24.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 6.4%. Revenue is forecast to decline by 11% in 2 years. Earnings are forecast to decline by 21% in the next 2 years. New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Ankündigung • Feb 21
Perion Network Ltd. Provides Earnings Guidance for the Full Year 2025 Perion Network Ltd. provided earnings guidance for the full year 2025. For the period, the company expected revenue to be in the range of $400 million to $420 million. Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: US$0.27 (vs US$2.49 in FY 2023) Full year 2024 results: EPS: US$0.27 (down from US$2.49 in FY 2023). Revenue: US$498.3m (down 33% from FY 2023). Net income: US$12.6m (down 89% from FY 2023). Profit margin: 2.5% (down from 16% in FY 2023). Revenue is expected to decline by 6.3% p.a. on average during the next 2 years, while revenues in the Media industry in Asia are expected to grow by 7.8%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Ankündigung • Feb 03
Perion Appoints Stephen Yap as Chief Revenue Officer Perion Network Ltd. announced the appointment of Stephen Yap as the Company’s new Chief Revenue Officer. As a 17-year veteran of Google, Yap was responsible for developing, launching, and commercializing Google’s platforms business and led its sales and operations for over seven years. He also founded Google’s data and measurement platforms business, starting with Google Analytics Premium. Over seven years of leading this business, Yap was responsible for global sales, business development, and commercializing Google Tag Manager, Audience Center, Data Studio, and attribution solutions. Previously, Yap worked as a Director of Sales at DoubleClick and holds a B.A. in Psychology from Boston College. Ankündigung • Jan 23
Perion Network Ltd. to Report Q4, 2024 Results on Feb 19, 2025 Perion Network Ltd. announced that they will report Q4, 2024 results on Feb 19, 2025 New Risk • Jan 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (7.8% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Ankündigung • Nov 26
Perion Network Ltd. Unveils Anyplace Tv, Expanding Video & Ctv Advertising Solutions Through Programmatic Dooh Perion Network Ltd. announced the launch of Perion's Anyplace TV, a new solution that provides advertisers with enhanced capabilities to extend the reach of their CTV and other video campaigns onto unique screens out of the home. Available globally, Perion's Anyplace TV enables advertisers to extend their one-to-one video reach beyond traditional video channels to unique one-to-many DOOH environments and improve campaign effectiveness. In a landscape where video ad spend is projected to reach $191.3 billion this year, with CTV accounting for $34.4 billion, Perion's Any place TV introduces an effective approach to video campaign execution. The solution uses Perion's DOOH impression multiplier methodology via the Hivestack platform, utilizing the Media Rating Council (MRC) accredited measurement from trade organizations in respective markets. This approach bridges the gap between one-to-one and one-to-many environments, enabling advertisers to achieve greater scale and efficiency. Key benefits include: Guaranteed Viewability: Non-skippable ads with 100% viewability and completion rates. Extensive Reach: Access to video-enabled DOOH inventory across 75% of Perion's Hivestack's global network of over 1M screens globally. Creative Flexibility: Support for standard 10, 12 and 15-second video spots, with some locations featuring audio capabilities. Real-Time Optimization: Dynamic scheduling and content updates for timely campaign adjustments. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: US$0.045 (vs US$0.69 in 3Q 2023) Third quarter 2024 results: EPS: US$0.045 (down from US$0.69 in 3Q 2023). Revenue: US$102.2m (down 45% from 3Q 2023). Net income: US$2.11m (down 94% from 3Q 2023). Profit margin: 2.1% (down from 18% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 8.7% p.a. on average during the next 3 years, while revenues in the Media industry in Asia are expected to grow by 9.0%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Ankündigung • Nov 07
Perion Network Ltd. Reiterates Earnings Guidance for the Fiscal Year 2024 Perion Network Ltd. reiterated earnings guidance for the fiscal year 2024. For the full year, the company is reiterating its previously issued full-year 2024 guidance based on current expectations, revenue in the range of $490 million to $510 million. Ankündigung • Oct 15
Perion Network Ltd. to Report Q3, 2024 Results on Nov 06, 2024 Perion Network Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024 Ankündigung • Aug 27
Perion Network Ltd., Annual General Meeting, Sep 30, 2024 Perion Network Ltd., Annual General Meeting, Sep 30, 2024. Location: 1 azrieli center, building a, 4th floor, 26 harokmim street, 5885849, holon, Israel Reported Earnings • Aug 03
Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.46 profit in 2Q 2023) Second quarter 2024 results: US$0.13 loss per share (down from US$0.46 profit in 2Q 2023). Revenue: US$108.7m (down 39% from 2Q 2023). Net loss: US$6.21m (down 129% from profit in 2Q 2023). Revenue is expected to decline by 23% p.a. on average during the next 2 years, while revenues in the Media industry in Asia are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Ankündigung • Jul 31
Perion Network Ltd. Reiterates Earnings Guidance for the Full Year 2024 Perion Network Ltd. reiterated earnings guidance for the full year 2024. For the year, the company reiterated Revenue guidance of $490 million to $510 million. Ankündigung • Jul 10
Perion Network Ltd. to Report Q2, 2024 Results on Jul 31, 2024 Perion Network Ltd. announced that they will report Q2, 2024 results Pre-Market on Jul 31, 2024 Ankündigung • Jun 13
Perion Network Ltd. Updated Second Quarter and Full Year Guidance for the Year 2024 Perion Network Ltd. revised earnings guidance for the second quarter and full year of 2024. For the second quarter, the company expects revenue of $106 million to $108 million. The company has also seen a recent decline in revenue from standard video and display formats. The company believes these declines reflect market conditions as well as a transition to higher premium formats that offer advertisers higher ROI. period continues to see increased revenue from higher premium formats but not at a level sufficient to offset the revenue decrease from this change. For the fiscal year 2024, the company expects revenue of $490 million to $510 million. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₪33.01, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Media industry in Asia. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪58.11 per share. Buy Or Sell Opportunity • Jun 10
Now 43% undervalued after recent price drop Over the last 90 days, the stock has fallen 60% to ₪33.01. The fair value is estimated to be ₪58.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 30% in a year. Earnings are forecast to decline by 74% in the next year. Ankündigung • May 09
Perion Network Ltd. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2024 Perion Network Ltd. provided earnings guidance for the second quarter and fiscal year 2024. For the second quarter, the company expects revenue to be in the range of $118 million to $122 million.For the fiscal year, the company expects revenue to be in the range of $590 million to $610 million. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.51 in 1Q 2023) First quarter 2024 results: EPS: US$0.24 (down from US$0.51 in 1Q 2023). Revenue: US$157.8m (up 8.7% from 1Q 2023). Net income: US$11.8m (down 51% from 1Q 2023). Profit margin: 7.5% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 10% p.a. on average during the next 2 years, while revenues in the Media industry in Asia are expected to grow by 9.4%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Apr 17
Bragar Eagel & Squire, P.C. Announces a Class Action Lawsuit Filed Against period Network Ltd Bragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against period Network Ltd. (Company) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired period securities between February 9, 2021 and April 5, 2024, both dates inclusive (the “Class Period”). Investors have until June 17, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Perion’s most significant search partner and larger source of revenue is Microsoft. The company’s agreement with Microsoft accounted for more than one third of Perion’s revenue in the each of the last three years. On April 8, 2024, period announced preliminary financial results for First Quarter 2024 and updated full year 2024 guidance, revealing that in First Quarter period experienced a decline in search advertising activity due to changes in pricing implemented by Microsoft Bing. On this news, the price of period Network Ltd. common stock declined by $8.61 per share, or approximately 40%, on April 8, 2024. The filed complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material facts, including that: (1) Perion’s search advertising business was not a reliable and significant growth driver and was in fact in decline; (2) Perion’s long-term relationship with Microsoft and search services agreement would not provide stability for Perion’s search advertising business; (3) there was an increased risk of Microsoft acting to unilaterally change its advertising pricing and mechanisms to the detriment of period while the search services agreement was in place; (4) Perion’s AI technology and Microsoft’s investment in ChatGPT would not protect or grow Perion’s search advertising revenue; and (5) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about Perion’s search advertising business and related financial results, growth, and prospects. Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: US$2.49 (vs US$2.21 in FY 2022) Full year 2023 results: EPS: US$2.49 (up from US$2.21 in FY 2022). Revenue: US$743.2m (up 16% from FY 2022). Net income: US$117.4m (up 18% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is expected to decline by 8.7% p.a. on average during the next 2 years, while revenues in the Media industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 39% After last week's 39% share price decline to ₪49.79, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Media industry in Asia. Total loss to shareholders of 13% over the past three years. Ankündigung • Feb 20
Perion Network Ltd. (NasdaqGS:PERI) announces an Equity Buyback for $50 million worth of its shares. Perion Network Ltd. (NasdaqGS:PERI) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The program is subject to the issuance of the company’s audited annual financial report for the year 2023, expected in March 2024. New Risk • Feb 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$2.49 (vs US$2.21 in FY 2022) Full year 2023 results: EPS: US$2.49 (up from US$2.21 in FY 2022). Revenue: US$743.2m (up 16% from FY 2022). Net income: US$117.4m (up 18% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪90.92, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 17% over the past three years. Ankündigung • Feb 07
Perion Network Ltd. Provides Earnings Guidance for the Year 2024 Perion Network Ltd. provided earnings guidance for the year 2024. For the year, the company expects revenue to be in the range of $860 million to $880 million. Ankündigung • Jan 19
Perion Network Ltd. to Report Q4, 2023 Results on Feb 07, 2024 Perion Network Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 07, 2024 Ankündigung • Jan 17
Perion Integrates Amazon Publisher Services (APS) Through the Vidazoo Platform to Expand Reach of High-Quality Demand to More Publishers Perion Network Ltd. announced that it integrated its Vidazoo video monetization platform with Amazon Publisher Services (APS). The integration includes two prominent APS services: Transparent Ad Marketplace(TAM) - which enables Vidazoo to attract more publishers to its smart video monetization platform, forming direct integrations with publishers using a single server-to-server call. Unified Ad Marketplace (UAM) - which enables multiple publisher connections through a unified service, a single integration and a reporting dashboard, enabling more publishers access to Vidazoo’s valuable demand. Both of these industry-leading services will now enable APS-connected publishers to easily integrate and collaborate with the Vidazoo video platform. By doing so, Vidazoo will be poised to tap into a significant volume of premium demand from leading advertisers. Both APS and Vidazoo are committed to offering publishers complete transparency, control and brand safety, which this integration makes possible, all supported by Amazon Publisher Services’ scalable and efficient cloud infrastructure. Ankündigung • Dec 13
Perion Network Ltd. (NasdaqGS:PERI) acquired Hivestack Inc. for approximately $130 million. Perion Network Ltd. (NasdaqGS:PERI) acquired Hivestack Inc. for approximately $130 million on December 12, 2023. The terms of the transaction include $100 million in cash paid upon closing and a 3-year employee retention and performance-based payment plan of up to $25 million. Perion Network will pay up to an additional $25 million (in cash and equity) structured as a three-year employee retention and performance-based payment plan. The performance-based payment plan is tied to EBITDA and contribution ex-TAC annual targets and will be paid in full if Hivestack generates an aggregate of approximately $56 million of EBITDA and $212 million of contribution ex-TAC in aggregate during 2024 through 2026. Jefferies LLC acted as financial advisor to Perion.Perion Network Ltd. (NasdaqGS:PERI) completed the acquisition of Hivestack Inc. on December 12, 2023. Ankündigung • Nov 23
Perion Network Ltd. Announces Board Changes Perion Network Ltd. announced the appointment of Tal Jacobson, the company's CEO, to the board of directors. Tal is replacing former CEO, Doron Gerstel, following a transition and onboarding period. Ankündigung • Nov 03
Perion Network Ltd. Reiterates Earnings Guidance for the Year 2023 Perion Network Ltd. reiterated earnings guidance for the year 2023. For the year, the company expects revenue to be in the range of $730 million to $750 million. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.69 (vs US$0.57 in 3Q 2022) Third quarter 2023 results: EPS: US$0.69 (up from US$0.57 in 3Q 2022). Revenue: US$185.3m (up 17% from 3Q 2022). Net income: US$32.8m (up 28% from 3Q 2022). Profit margin: 18% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 60% per year whereas the company’s share price has increased by 65% per year. Ankündigung • Oct 11
Perion Network Ltd. to Report Q3, 2023 Results on Nov 01, 2023 Perion Network Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023 Ankündigung • Sep 20
Perion Network Ltd. Appoints Kenny Lau as Chief Product Officer of Advertiser Solutions Perion Network Ltd. announced the appointment of Kenny Lau as Chief Product Officer of Perion's Advertiser Solutions. Through his experience in multiple domains of AdTech and large-scale platform development, Lau will expand Perion's technology moat and ability to drive high-growth, high-margin, high-ROI solutions. Lau has held key roles at many of the industry's most prominent companies, including PubMatic, Criteo, and AdTheorent. In his most recent role as Vice President of Product of Advertiser Solutions at PubMatic, he led a global product development team of over 100 engineers and product managers. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: US$0.46 (vs US$0.44 in 2Q 2022) Second quarter 2023 results: EPS: US$0.46 (up from US$0.44 in 2Q 2022). Revenue: US$178.5m (up 22% from 2Q 2022). Net income: US$21.4m (up 9.8% from 2Q 2022). Profit margin: 12% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 03
Perion Network Ltd. Revises Earnings Guidance for the Fiscal Year 2023 Perion Network Ltd. revised earnings guidance for the fiscal year 2023. For the period, the company expects revenue to be JPY $730-$750 million against the prior guidance range of $725-$745 million. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪133, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 615% over the past three years. Ankündigung • Jul 07
Perion Network Ltd. to Report Q2, 2023 Results on Aug 02, 2023 Perion Network Ltd. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 02, 2023 Ankündigung • May 19
Perion Network Ltd., Annual General Meeting, Jun 21, 2023 Perion Network Ltd., Annual General Meeting, Jun 21, 2023, at 13:00 Coordinated Universal Time. Location: 26 HaRokmim Street Holon Israel Agenda: To approve the re-election of each of Ms. Joy Marcus and Mr. Michael Vorhaus to serve as a director of the Company until our third annual general meeting of shareholders following this meeting; to approve amendments to the articles of association of the Company; to approve amendments to the terms of employment of Mr. Tal Jacobson in connection with his appointment as the Company's Chief Executive Officer; and to ratify the reappointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as company's independent public auditors for the year ending on December 31, 2023. Ankündigung • May 06
Perion Network Ltd. Raises Financial Guidance for the Year 2023 Perion Network Ltd. raised financial guidance for the year 2023. For the year, the company now expects revenue to be in the range of $725 million to $745 million compared to the previous guidance of $720 million to $740 million. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.51 (vs US$0.35 in 1Q 2022) First quarter 2023 results: EPS: US$0.51 (up from US$0.35 in 1Q 2022). Revenue: US$145.2m (up 16% from 1Q 2022). Net income: US$23.8m (up 54% from 1Q 2022). Profit margin: 16% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: US$2.21 (vs US$1.13 in FY 2021) Full year 2022 results: EPS: US$2.21 (up from US$1.13 in FY 2021). Revenue: US$640.3m (up 34% from FY 2021). Net income: US$99.2m (up 156% from FY 2021). Profit margin: 16% (up from 8.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: US$2.21 (vs US$1.13 in FY 2021) Full year 2022 results: EPS: US$2.21 (up from US$1.13 in FY 2021). Revenue: US$640.3m (up 34% from FY 2021). Net income: US$99.2m (up 156% from FY 2021). Profit margin: 16% (up from 8.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 05
Perion Network Ltd. to Report Q4, 2022 Results on Feb 08, 2023 Perion Network Ltd. announced that they will report Q4, 2022 results Pre-Market on Feb 08, 2023 Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: US$0.57 (vs US$0.31 in 3Q 2021) Third quarter 2022 results: EPS: US$0.57 (up from US$0.31 in 3Q 2021). Revenue: US$158.6m (up 31% from 3Q 2021). Net income: US$25.6m (up 141% from 3Q 2021). Profit margin: 16% (up from 8.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₪80.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Media industry in Asia. Total returns to shareholders of 387% over the past three years. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.44 (vs US$0.21 in 2Q 2021) Second quarter 2022 results: EPS: US$0.44 (up from US$0.21 in 2Q 2021). Revenue: US$146.7m (up 34% from 2Q 2021). Net income: US$19.5m (up 175% from 2Q 2021). Profit margin: 13% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 11% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Joy Marcus was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 15% share price gain to ₪83.50, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 683% over the past three years. Reported Earnings • Mar 19
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$1.13 (up from US$0.38 in FY 2020). Revenue: US$478.5m (up 46% from FY 2020). Net income: US$38.7m (up 279% from FY 2020). Profit margin: 8.1% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 29%, compared to a 12% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$1.13 (up from US$0.38 in FY 2020). Revenue: US$478.5m (up 46% from FY 2020). Net income: US$38.7m (up 279% from FY 2020). Profit margin: 8.1% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 28%, compared to a 12% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₪68.35, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Media industry in Asia. Total returns to shareholders of 496% over the past three years. Board Change • Feb 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Joy Marcus was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₪80.99, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 711% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS US$0.31 (vs US$0.08 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$121.0m (up 45% from 3Q 2020). Net income: US$10.6m (up 399% from 3Q 2020). Profit margin: 8.8% (up from 2.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 18% share price gain to ₪87.25, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 695% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 21% share price gain to ₪69.09, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 563% over the past three years. Reported Earnings • Sep 02
Second quarter 2021 earnings released: EPS US$0.21 (vs US$0.084 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$109.7m (up 82% from 2Q 2020). Net income: US$7.08m (up US$9.32m from 2Q 2020). Profit margin: 6.5% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year whereas the company’s share price has increased by 79% per year. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS US$0.21 (vs US$0.084 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$109.7m (up 82% from 2Q 2020). Net income: US$7.08m (up US$9.32m from 2Q 2020). Profit margin: 6.5% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 30% share price gain to US$69.87, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Media industry in Asia. Total returns to shareholders of 466% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪101 per share. Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$0.10 (vs US$0.051 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$89.8m (up 36% from 1Q 2020). Net income: US$3.31m (up 148% from 1Q 2020). Profit margin: 3.7% (up from 2.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 89% per year, which means it is significantly lagging earnings growth.