Perion Network (PERI) has been on a downward spiral lately with significant selling pressure. After declining 19.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 15th:Perion Network Ltd. (PERI) : This integrated digital advertising solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.Perion has a PEG ratio of 0.31 compared with 0.85 for the industry. The company possesses a Growth Score  of B.Powell Industries, Inc. (POWL) : This custom-engineered equi ...

Perion Network (PERI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this digital media company have returned -16.6%, compared to the Zacks S&P 500 composite's +5.8% change. During this period, the Zacks Internet - Content industry, which Perion Network falls in, has gained 3%. The key question now is: What could be the stock's future direction?Although ...

Perion Network Ltd. (NASDAQ:PERI) Q4 2023 Earnings Conference Call February 7, 2024 8:30 AM ET Company Participants Tal Jacobson - CEO Maoz Sigron - CFO Conference Call Participants Jason Helfstein - Oppenheimer Laura Martin - Needham & Company Mark Kelley - Stifel Jeff Martin - Roth Eric Martinuzzi - Lake Street Capital Mauricio Munoz - Raymond James Operator Hello, everybody, and welcome to the Perion Network’s Fourth Quarter and Full Year 2023 Earnings Conference Call. Today's conference is being recorde ...

Q4 and FY 2023 Presentation February 7, 2024 This presentation 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", "estimate" and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views, assumptions and expectatio ...

Shares of Perion Network (PERI -16.58%), the adtech company known for its intelligent hub that connects ad buyers and sellers, were falling Wednesday morning after it offered disappointing guidance in its fourth-quarter earnings report.As of 11 a.m. ET, the stock was down by 16.3%. Perion continues to executePerion's actual fourth-quarter results were solid, and the company topped analyst expectations.Overall revenue rose 12% to $234.2 million, which was slightly ahead of the consensus of $233.1 million. Gr ...

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 ...