From Nasdaq: 2024-07-29 13:08:00

Perion Network (PERI) to report second-quarter 2024 results on Jul 31. Expecting revenues of $106-$108 million, with a consensus estimate of $106.98 million and earnings of 22 cents per share. Past earnings beat average is 9.02%. (Source: Zacks)

Perion’s Q2 likely boosted by digital advertising industry, with growth in retail media, Connected TV (CTV), and programmatic digital out-of-home advertising. Introduction of AI-based technologies and collaboration with Microsoft driving revenue. Search advertising revenue expected to decline in next quarter due to changes in Microsoft Bing’s pricing strategies. (Source: Zacks)

Perion has an Earnings ESP of +0.00% and a Zacks Rank #4. Consider stocks like Apple (AAPL) with an Earnings ESP of +3.05% and Cognizant Technology Solutions (CTSH) with an ESP of +0.09% for upcoming releases. (Source: Zacks)

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Read more at Nasdaq: Perion Network (PERI) to Report Q2 Earnings: What to Expect