NEW YORK, May 17, 2024 /PRNewswire/ -- 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. WHAT ...

Investors continued to sell the stock in response to Wednesday's earnings report.Shares of Perion Network (PERI -3.64%) were moving lower today for the second day in a row after the adtech company reported first-quarter earnings Wednesday morning that initially pleased the market but reversed later in the session.On Thursday, that slide continued as investors had more time to assess the state of the business after Microsoft slashed its payments to ad partners like Perion, causing the stock to plunge by roug ...

Perion Network Ltd. (NASDAQ:PERI) Q1 2024 Results Conference Call May 8, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Andreas Soupliotis - Founder and General Manager-HiveStack Kenny Lau - Chief Product Officer Maoz Sigron - Chief Financial Officer Conference Call Participants Max Michaelis - Lake Street Capital Mark Kelley - Stifel Laura Martin - Needham & Company. Jeff Martin - Roth Operator [Abruptly started] Before we begin, I'd like to read the following Safe Harbor state ...

Perion Network (PERI) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this digital media company would post earnings of $0.97 per share when it actually produced earnings of $1.04, delivering a surprise of 7.22%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Perion Network, w ...

"Perion continues to expand its universe of technological advertising solutions, capitalizing on strong organic growth engines that include our Retail Media solutions and CTV advertising, as well as our strategic acquisition of cutting-edge programmatic DOOH technology. Each of these growth engines demonstrated strong year-over-year growth in the first quarter and are expected to contribute meaningfully to our results going forward. In parallel, our AI Lab continues to deliver new technologies, including th ...

Perion Network (PERI) is slated to release its first-quarter 2024 results on May 8.For the first quarter, PERI expects revenues of $157 million, indicating year-over-year growth of 8%The Zacks Consensus Estimate for revenues is pegged at $156.96 million, suggesting an increase of 8.13% from the year-ago quarter’s levels.The consensus mark for first-quarter 2024 earnings is pegged at 44 cents per share, indicating a decline of 26.67% year over year.Perion’s earnings beat the Zacks Consensus Estimate in all t ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Perion Network (PERI) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. On t ...

In the latest market close, Perion Network (PERI) reached $12.59, with a +0.96% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 1.57% for the day. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.04%.Coming into today, shares of the digital media company had lost 43.01% in the past month. In that same time, the Computer and Technology sector lost 2.27%, while the S&P 500 lost 2.5%.Market participants will be closely following the fin ...

Perion Network (PERI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this digital media company have returned -49.4%, compared to the Zacks S&P 500 composite's -3% change. During this period, the Zacks Internet - Content industry, which Perion Network falls in, has lost 2.2%. The key question now is: What could be the stock's future ...

The most recent trading session ended with Perion Network (PERI) standing at $10.80, reflecting a -1.64% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.87% gain on the day. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq added 1.11%.The digital media company's shares have seen a decrease of 51.59% over the last month, not keeping up with the Computer and Technology sector's loss of 5.98% and the S&P 500's loss of 3.97%.The investment community will be paying ...