The Latest Breaking News from Perion Network Ltd

New signups and price increases of its services boosted Shopify’s (SHOP) earnings and revenue in the second quarter. However, its prospects look bleak due to the uncertain macroeconomic conditions and increased competition. Internet stocks VeriSign (VRSN), Perion Network (PERI), and Liquidity Services (LQDT) are performing better than SHOP. Let’s discuss…

The internet sector is well-positioned for growth due to its vast potential in integrating into all aspects of business and connecting users worldwide. Given this backdrop, fundamentally strong internet stocks VeriSign (VRSN), Wix.com (WIX), Perion Network (PERI), 8x8 (EGHT), and Liquidity Services (LQDT) could be solid investments in this thriving…

The growing popularity of the internet in our day-to-day lives is evident from the increasing number of internet and social media users worldwide. Also, the emergence of web 3.0 could further fuel the industry’s growth. Therefore, we think it could be wise to invest in fundamentally sound undervalued internet stocks…

The stock market has been facing severe volatility lately due to the increasing possibility of the Fed’s aggressive interest rate hikes pushing the economy into a recession. Amid uncertainties surrounding the economy and stock market, investors can consider investing in mid-cap stocks Grindrod Shipping (GRIN), Perion Network (PERI), and Mitek…

The current market uncertainties around inflation and interest rate increases have fostered widespread bearish sentiment. However, the market sell-off has caused the stocks of quality technology companies Micron Technology (MU), Perion Network (PERI), Lenovo Group (LNVGY), Telefonaktiebolaget LM Ericsson (ERIC), and Diodes (DIOD) to trade at discounted valuations. So, we…

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…

Perion Network Ltd (NASDAQ:PERI) reported fourth-quarter FY21 revenue growth of 34% year-on-year to $158 million, beating the consensus of $144.96 million. Display Advertising revenues rose 46% Y/Y to $100.2 million, fueled by the proforma basis growth of 87% in video and CTV. Search Advertising revenue increased 16% Y/Y to $57.8 million, due to 17.5…