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Perion Network ( (PERI) ) has provided an announcement.
On February 19, 2025, Perion Network Ltd. announced its financial results for Q4 and the full year 2024, highlighting significant growth in its DOOH channel with a 57% year-over-year increase. Despite a decline in overall revenue by 33% for the year, the company is emphasizing its new ‘Perion One’ strategy, which unifies its brands and technologies into a single platform, focusing on AI to enhance growth and operational efficiency. This strategic move is intended to position Perion as a preferred partner for brands, agencies, and retailers in the advertising industry.
More about Perion Network
Perion Network Ltd. is a leading technology company specializing in modern advertising solutions. It focuses on digital advertising through various channels, including Digital Out of Home (DOOH), Connected TV (CTV), and Retail Media. The company is known for its advanced technology that addresses the complexities of advertising across different formats and media.
YTD Price Performance: 12.08%
Average Trading Volume: 304,085
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $460.8M
Learn more about PERI stock on TipRanks’ Stock Analysis page.
