Why Perion Network Shares Are Trading Higher Today
Perion Network Ltd (NASDAQ:PERI) reported first-quarter FY22 revenue growth of 40% year-on-year to $125.3 million, beating the consensus of $122 million. Display Advertising revenues rose 80% Y/Y to $68.6 million, primarily from growth of 341% in video and CTV. Search Advertising revenue increased 10% Y/Y to $56.7 million primarily due to 18.1 million average…
Benzinga ·