Perion Network, a publicly owned company founded in 2001 and headquartered in the US, is a global advertising technology firm. Employing approximately 610 people, Perion specializes in real-time bidding (RTB) and programmatic advertising solutions, offering omnichannel services to advertisers. In 2024, the company reported revenues of approximately $500 million.
Needham & Company LLC reissued a hold rating on Perion Network's stock on Thursday, according to Benzinga. This rating was reiterated by the same firm in a separate note to investors on a later Thursday. On April 16, 2025, Perion Network Ltd. announced preliminary first-quarter 2025 financial results. These results projected revenue of approximately $88 million and adjusted EBITDA of around $1.5 million. Following the release of these preliminary results, Perion Network Ltd. stock increased by 8.99 percent to $8.85 during Wednesday's trading.
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Perion Network offers 3 products in the ad tech industry. Perion Network's product portfolio comprises of RTB and programmatic.
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Perion Network's revenues were $498.3M in 2024. Caretta Research has split Perion Network's revenue into 3 different product categories, the largest of which is demand side platform (DSP), which represents 55% of Perion Network's revenue.
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Perion Network's customers primarily consist of telecoms and broadcast television and radio companies. Examples of Perion Network's customers include Verizon Consumer, Dell EMC and WBD DTC (Discovery+, HBO, Max).
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