Perion Network Ltd (PERI) has released an update.
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Perion Network Ltd. has reported a 9% year-over-year revenue growth in the first quarter of 2024, with significant gains in CTV Advertising, Retail Media, and DOOH Advertising. Despite facing challenges in advertising pricing, the company has shown confidence in its strategic positioning and technological advancements like SORT® 2.0 and WAVE technology. Additionally, Perion’s Board of Directors has approved the expansion of its share repurchase program, reinforcing its commitment to driving shareholder value.
For further insights into PERI stock, check out TipRanks’ Stock Analysis page.