Perion Network (PERI) is slated to release its second-quarter 2024 results on Jul 31. For the second quarter, PERI expects revenues of $106-$108 million. The Zacks Consensus Estimate for revenues is pegged at $106.98 million, suggesting a decline of 40.06% from the year-ago quarter's levels. Let's see how things have shaped up for this announcement. Perion's retail media solutions have shown substantial growth, increasing by 134% year-over-year in the first quarter of 2024. This sector is likely to have con ...

Perion Network (NASDAQ:PERI) layoffs are coming for the company's employees as it seeks to streamline its operations. According to Perion Network, these layoffs are the result of Microsoft (NASDAQ:MSFT) changing the advertising revenue around its Bing search engine. This led to lower revenue for the company and required its cost-cutting measures. Before this change, a large part of the company's revenue came from its collaboration with Microsoft. With this change, it will only account for less than 5% of Pe ...

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Perion Network Ltd. (NASDAQ: PERI) between February 9, 2021 and April 5, 2024, both dates inclusive (the "Class Period"), of the important June 17, 2024 lead plaintiff deadline. SO WHAT: If you purchased Perion common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ...

https://securitiesclasslaw.com/securities/perion-network-loss-submission-form/?id=85479&from=4 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose 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 advertisi ...

NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Perion Network Ltd. ("Perion" or the "Company") (NASDAQ:PERI) and reminds investors of the June 17, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you purchased or acquired securities in Perion between February 9, 2021 and April 5, 2024 and would like to discuss your legal rights, ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Perion To Contact Him Directly To Discuss Their Options As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose 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 ...

If you purchased Perion shares between February 9, 2021 and April 5, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832, or you may visit the firm's website at www.holzerlaw.com/case/perion/ to learn more. CONTACT: Corey Holzer, Esq. (888) 508-6832 (toll-free) cholzer@holzerlaw.com ATLANTA, June 11, 2024 (GLOBE NEWSWIRE) -- A shareholder class action laws ...

https://www.rgrdlaw.com/cases-perion-network-ltd-class-action-lawsuit-peri.html The Perion Network class action lawsuit further alleges that on April 8, 2024, Perion Network revealed that "[i]n the first quarter of 2024, Perion [Network] experienced a decline in search advertising activity, attributable to changes in advertising pricing and mechanisms implemented by Microsoft Bing in its Search Distribution marketplace." The complaint further alleges that Perion Network also disclosed that for the full 2024 ...

Shares of Perion Network (PERI -28.29%) were tanking today after the company's relationship with Microsoft took another step back, crushing a key source of revenue for the ad tech company. Going from bad to worse This morning, the company said the relationship with Bing was essentially dead after it was notified by Bing that it was one of several publishers being excluded from its search distribution marketplace. Perion lowered its revenue guidance for the second quarter to a range of $106 million to $108 m ...

NEW YORK, June 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Perion Network Ltd. (NASDAQ: PERI). Shareholders who purchased shares of PERI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/perion-network-loss-submission-form/?id=83238&from=4 NEXT STEPS FOR SHAREHOLDERS: ...