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 six months ended 30 June 2024, Perion Network Ltd revenues decreased 18% to $266.5M. Net income decreased 88% to $5.6M. Revenues reflect Advertising Solutions decrease of 16% to $150.2M, Search Advertising decrease of 19% to $116.4M. Net income also reflects General and administrative increase of 42% to $19.8M (expense), Selling & Marketting increase of 18% to $34.1M (expense).