Adrian J Cotterill, Editor-in-Chief
Perion Network Ltd. (NASDAQ and TASE: PERI) announced this week preliminary financial results for the first quarter ended March 31, 2025.
Perion expects to report revenue of approximately $88 million, adjusted EBITDA of approximately $1.5 million and adjusted EBITDA to Contribution ex-TAC of approximately 4% for Q1 2025. These preliminary results reflect a strong start to the year, supported by sustained momentum across the company’s growth engines and the early positive response to the launch of their Perion One strategy.
Tal Jacobson, Perion’s CEO, told us “Our preliminary first quarter results exceeded our expectations, reflecting continued momentum and the strength of our core growth engines. This performance reinforces our belief that our Perion One strategy is the right path forward, creating a unified, AI-driven approach that positions us for long-term, sustainable growth.”
Perion will release its financial results for the first quarter ended March 31, 2025 prior to the opening of the financial markets on Tuesday, May 13, 2025. Tal Jacobson, CEO, and Elad Tzubery, CFO, will host a conference call to discuss the results on that day at 8:30 a.m. ET. Details here.
A replay of the call and a transcript will be available within approximately 24 hours of the live event on the investors section of Perion’s website here.
These preliminary results are based on management’s current estimates and are subject to change pending completion of the Company’s financial closing procedures.
Perion is helping agencies, brands and retailers get better results with their marketing investments by providing advanced technology across digital channels. Through the Perion One platform, they are making digital advertising more effective by building solutions that continuously adapt to connect the dots between data, creative and channels.
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