Detail akcie Perion Network ORD SHS online

Business Summary: Perion Network Ltd is an Israel-based global technology. The Company delivers the digital advertising. ecosystem, providing brands, agencies and publishers with a holistic ability to identify and reach their customers across all channels with high-impact creative units that are orchestrated by its proprietary Intelligent Hub (iHUB), which offers cross-sell. Perion Network Ltd operates in three main pillars of digital advertising: ad search, social media, and display ,video or CTV. Another aspect of Perion’s technological solutions, is SORT technology. SORT alternative technology is a machine learning model that analyzes millions of data combinations to create cookieless targeting groups consisting of people who think and react to ads like one another.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Perion Network Ltd revenues increased 9% to $157.8M. Net income decreased 51% to $11.8M. Revenues reflect Search Advertising increase of 26% to $82M. Net income was offset by General and administrative increase of 49% to $9.8M (expense), Research and development increase of 17% to $9.8M (expense), Depreciation and amortization increase of 36% to $4.6M (expense).