What is Perion Network's latest dividend and current dividend yield?

What were the key takeaways from Perion Network's earnings call?

What does Perion Network do and what are its main business segments?

What is the revenue and EPS growth rate for Perion Network year over year?

What were the key takeaways from Perion Network’s earnings call?

What factors drove the changes in Perion Network's revenue and profit?

What is the market's earnings forecast for Perion Network next quarter?

What is Perion Network's gross profit margin?

- **Perion One Momentum**: Q4 2025 growth engines (CTV +59%, DOOH +28%, Retail Media +42%) outpace market, supported by Outmax AI ROI uplift of 40%-80%.
- **Financial Strength**: 2025 adjusted EBITDA $45.2M, free cash flow 89%; 2026 guidance targets $215M-$235M contribution ex-TAC.
- **2028 Vision**: 25% CAGR for Perion One spend, 28% EBITDA margin, fueled by AI automation and strategic partnerships.
- **Share Buyback**: $200M program reflects confidence in long-term cash generation and value return.

**【CEO Summary】**
- Perion redefined itself in 2025 as Perion One, an AI-native execution infrastructure. Q4 2025 saw CTV, Digital Out-of-Home (DOOH), and Retail Media grow 59%, 28%, and 42% YoY, respectively, outpacing market trends.
- Outmax, the AI execution agent, delivered 40%-80% ROI uplift for clients, with examples including a $20M YouTube budget expansion and a DOOH publisher scaling from €200K to €500K/month in 90 days.
- Strategic partnerships with Amazon, Walmart, and Mastercard expanded AI-driven creative and data integration, driving programmatic revenue growth.
- 2028 targets: Perion One spend CAGR of 25%, contribution ex-TAC CAGR of 20%, and adjusted EBITDA margin of 28%.

**【CFO Financial Commentary】**
- Q4 2025: Revenue $137.1M (+6% YoY), contribution ex-TAC $65.2M (+19% YoY), adjusted EBITDA $24.3M (+53% YoY), operating cash flow $21.8M.
- Full year 2025: Contribution ex-TAC $203.4M (+19% YoY), adjusted EBITDA $45.2M, free cash flow conversion 89%.
- 2026 guidance: Contribution ex-TAC $215M-$235M, adjusted EBITDA $50M-$54M.
- Share repurchase program expanded to $200M, with $118M executed in 2025.

**【Q&A Highlights】**
- **2026 Guidance Range**: Reflects cautious visibility (6-month budget cycles) and search legacy decline, offset by Perion One growth.
- **Outmax Adoption**: Performance-driven expansion, with clients allocating 40%-80% of budgets post-testing.
- **Web Decline**: Proactive shutdown of low-margin activities; Perion One focuses on ROI-optimized channels.
- **Market Share Growth**: CTV, DOOH, and Retail Media outpaced industry growth by 2-3x, driven by AI execution and partnerships.

Perion Network Ltd. (PERI) Q4 2025 Earnings Call Transcript

- **Revenue Recovery**: Q3 2025 marks first year-over-year growth in revenue and contribution ex-TAC since Q1 2024, driven by 75% CTV growth and 26% DOOH expansion.
- **AI-Powered Innovation**: Outmax AI algorithm delivered 22% CPM savings for Ford, while Soda and DOOH Player create high-margin, recurring revenue streams.
- **Share Buyback Expansion**: $200 million buyback program reflects confidence in long-term value, with $94.2 million repurchased to date.
- **Strategic Focus**: Shifting 37% of revenue to high-growth channels (CTV and DOOH) vs. 28% last year, with web business declining strategically to focus on AI-driven platforms.
- **2026 Growth Outlook**: CEO targets exceeding 11% street consensus via Perion One platform adoption and market share gains in connected TV, DOOH, and retail media.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 2025 revenue reached $110.5 million, up 8% year-over-year, with contribution ex-TAC growing 7% to $51 million. This marks the first year-over-year growth in both metrics since Q1 2024.
- **Core Growth Engines**: CTV revenue surged 75% YoY, digital out-of-home (DOOH) grew 26%, and retail media expanded 40%, outpacing market growth rates.
- **New Products**: Launched Outmax (unified AI algorithm for media optimization), Soda (AI monetization engine for publishers), and the DOOH Player (full-stack platform for DOOH and retail media).
- **Strategic Partnerships**: Expanded into retail media with Albertsons Media Collective, demonstrating 5.5% sales lift for Spliemo Water campaigns.
- **Perion One Vision**: Focused on becoming a unified AI-powered platform for modern marketers, with 37% of revenue now from high-growth channels (CTV and DOOH) vs. 28% last year.

**【CFO Financial Commentary】**
- **Profitability**: Adjusted EBITDA rose 63% YoY to $12.1 million (24% of contribution ex-TAC). Non-GAAP EPS was $0.28, up 22% YoY.
- **Cash Flow**: Generated $5.9 million in operating cash flow, with $315 million in total cash as of Q3.
- **Share Repurchase**: Expanded buyback program to $200 million (up from $125 million), with $94.2 million repurchased to date.
- **Guidance**: Reaffirmed full-year 2025 revenue ($430-$450 million) and EBITDA ($44-$46 million) targets.

**【Q&A Key Highlights】**
- **CTV Growth Drivers**: Outmax and Greenbids algorithms drove 12% viewability improvement and 22% CPM reduction for Ford campaigns. CTV expected to outpace market growth due to connected TV shift.
- **Web Business Decline**: 11% YoY decline attributed to strategic exit of low-margin web businesses in Q2 2024. Remaining web revenue is stable, but long-term focus on high-growth channels.
- **AI Adoption**: 100% of R&D now AI-driven, with automation replacing manual processes. Sales and marketing investments will scale Perion One adoption.
- **New Revenue Streams**: Soda and DOOH Player generate high-margin, recurring revenue. DOOH Player captures both direct and programmatic spend, expanding TAM.
- **2026 Outlook**: CEO expects to exceed street consensus (11% growth) via market share gains in CTV, DOOH, and retail media.

Perion Network Ltd. (PERI) Q3 2025 Earnings Call Transcript

- **Platform Shift**: Transitioning to Perion One, a CMO-centric AI platform, with Greenbids acquisition driving $1M+ in new AI deals.
- **Revenue Growth**: Q2 2025 Advertising Solutions up 8% YoY, Digital-out-of-home +35%, Retail Media +27%.
- **CTV Recovery**: Q2 decline (-5% YoY) expected to reverse in H2 2025 with new Performance CTV Solution targeting mid-market brands.
- **Cash Flow Strength**: $21.3M operating cash flow, $33.4M share buyback, $38M remaining in buyback program.
- **Expansion Strategy**: Digital-out-of-home partnerships in APAC, EMEA driving cross-selling of AI solutions and CTV.

**【CEO Summary Section】**
- Perion is transitioning to a platform-driven model with Perion One, a centralized AI-powered platform for CMOs, integrating creative, data, and channels like Web, CTV, and Digital-out-of-home.
- Acquired Greenbids in Q2 2025 to enhance AI capabilities, with initial synergies booking $1M+ in Perion Algo deals from existing customers.
- Launched Performance CTV Solution, combining high-impact ads with outcome-based metrics, targeting mid-market brands and retailers.
- Q2 2025 highlights: Advertising Solutions revenue up 8% YoY (first growth since Q3 2023), Digital-out-of-home +35% YoY, Retail Media +27% YoY.
- Focused on channel-agnostic growth, with CTV Q2 decline (-5% YoY) attributed to budget shifts to H2 2025.

**【CFO Financial Commentary】**
- Q2 2025 Revenue: $103M (8% YoY growth in Advertising Solutions), Adjusted EBITDA: $7.1M (15% ex-TAC margin), Operating Cash Flow: $21.3M.
- Digital-out-of-home now 17% of revenue (vs. 12% YoY), CTV 9% (stable vs. YoY), Search 22% (stable vs. Q2 2024).
- Completed $33.4M share buyback in Q2, with $38M remaining in program.
- Full-year 2025 guidance: Revenue $430M-$450M, Adjusted EBITDA $44M-$46M.
- Expect margin expansion in H2 2025 via cost optimization and higher-margin solutions.

**【Q&A Key Highlights】**
- **CTV Growth**: CFO reiterates confidence in outpacing 13% CTV market growth in 2025, citing strong H2 pipeline and Performance CTV Solution.
- **Sales Strategy**: Moving to self-serve and white-label Perion One for agencies, aiming to grow revenue without proportional headcount increase.
- **AI Integration**: Automating operations (e.g., HR, campaign deployment) with Gen AI to streamline growth.
- **Digital-out-of-home Expansion**: New partnerships in Korea, Germany, and Italy to tap $21B APAC market, driving cross-selling of Perion Algo.
- **Capital Allocation**: Prioritizing buybacks ($38M remaining) and strategic M&A, with focus on AI and platform synergies.

Perion Network (PERI)-11 Aug 25-2025 Q2 Earnings call transcript

- **Revenue Growth Accelerates**: Q1 2025 revenue up 18% YoY to $89.3M, driven by 80% DOOH growth and 31% CTV expansion.
- **Greenbids Acquisition Supercharges Growth**: $27.5M upfront deal to enter walled garden performance advertising, with EBITDA accretion starting 2025.
- **Guidance Raised 7%**: Full-year revenue target increased to $430-450M, reflecting organic momentum and Greenbids synergies.
- **Strong Cash Position**: $358.5M net cash enables M&A and $125M share buyback program (already repurchased 9M shares).

**【CEO Opening Remarks】**
- Launched Perion One, an outcome-driven platform integrating AI, creative insights, and cross-channel optimization to address CMOs' needs for measurable business outcomes.
- Acquired Greenbids, an AI-powered bidding platform, to expand into lower-funnel performance advertising on walled gardens (YouTube, Facebook, Instagram) and DSPs.
- Q1 highlights: 80% YoY growth in Digital Out-of-Home (DOOH), 31% in CTV, and 33% in retail media. Greenbids' custom algorithm reduces ad spend waste and targets inefficiencies in the ecosystem.
- Raised 2025 full-year guidance to $430-450M revenue (vs. prior $400-420M) and $44-46M EBITDA (vs. $40-42M), driven by organic growth and Greenbids synergies.

**【CFO Financial Summary】**
- Q1 2025 Results:
  - Total Revenue: $89.3M (vs. $75.5M YoY)
  - Adjusted EBITDA: $1.8M (vs. $1.3M YoY)
  - Cash Position: $358.5M (net cash)
- Key Metrics:
  - DOOH: 19% of revenue (vs. 6% YoY), +80% YoY
  - CTV: 12% of revenue (vs. 5% YoY), +31% YoY
  - Web Revenue: 46% of revenue (vs. 37% YoY), -28% YoY
- Guidance Update:
  - Revenue: +$30M midpoint (7% increase)
  - EBITDA: +$4M midpoint (10% increase)
- Greenbids Contribution:
  - $27.5M upfront, $22.5M earn-out over 2 years, $15M retention package
  - Accretive to EBITDA in 2025, with full impact from 2026+

Perion Network (PERI)-13 May 25-2025 Q1 Earnings call transcript

- **Perion One Platform Launch**: Unifies CTV, DOOH, retail media under single AI-driven ecosystem
- **Core Growth Engines Outperform**: DOOH (+50%), CTV (+30%), Retail Media (+62%) vs. market growth
- **2025 Financial Outlook**: $400-420M revenue, $40-42M EBITDA, 22% margin
- **Cost Optimization**: Q1 2025 headcount reductions to improve efficiency
- **AI Innovation**: Testing multiple LLMs for cost-effective automation
- **Share Buybacks**: $46.9M spent (of $75M authorization)

**【CEO Summary Section】**
- Introduced the **Perion One platform**, a unified AI-driven advertising ecosystem integrating CTV, digital out-of-home (DOOH), retail media, and open web. 
- Core growth engines outperformed market growth in 2024:
  - **DOOH revenue +50% YoY** (vs. 10% market growth)
  - **CTV revenue +30% YoY** (vs. 23% market growth)
  - **Retail media revenue +62% YoY** (vs. 20% market growth)
- Appointed 3 top-tier executives: CRO (Google veteran), CPO (Criteo/PubMatic), and CTO (Samsung Ads alumni)
- Open web business expected to stabilize as advertisers shift budgets to higher-margin channels

**【CFO Financial Commentary】**
- **2024 Full Year Results**:
  - Revenue: $498.3M (-33% YoY) due to search ad decline
  - Adjusted EBITDA: $50.9M (10% margin)
  - GAAP Net Income: $12.6M; Non-GAAP Net Income: $64M
  - Free cash flow: $16.6M
- **2025 Guidance**:
  - Revenue: $400-420M
  - Adjusted EBITDA: $40-42M
  - EBITDA margin: 22%
- Implemented cost-saving measures in Q1 2025 (headcount reductions) to improve efficiency
- Share buyback program: $46.9M spent (of $75M authorization)

**【Q&A Highlights】**
1. **Open Web Challenges**:
   - Industry-wide decline due to ad format commoditization
   - Perion One platform expected to reverse trend by 2026
2. **Perion One Implementation**:
   - 2025 efficiency gains to be reflected in 2H25 financials
   - Full impact on margins anticipated in 2026
3. **CTV Growth**:
   - Q4 2024 growth slowed to +10% YoY (vs. +30% full year)
   - 2025 growth expected to outpace market (23% YoY)
4. **AI Strategy**:
   - Testing multiple LLMs (OpenAI, Google, DeepSeek) for cost optimization
   - Open-source models preferred for flexibility
5. **Capital Allocation**:
   - Focus on organic growth and Perion One integration
   - Acquisitions will only target platform-agnostic solutions

Actual										0.17	0.07	0.21	0.45	0.19	0.33	0.4	0.62	0.44	0.51	0.61	0.9	0.6	0.84	0.84	1.04	0.44	0.26	0.23	0.33	0.11	0.26	0.28	0.49
Forecast										0.0567	-0.0467	0.135	0.286	0.142	0.255	0.26	0.485	0.334	0.3867	0.5317	0.7133	0.518	0.722	0.7367	0.9283	0.3817	0.208	0.2	0.325	0.0875	0.1725	0.26	0.506
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+199.82%	+249.89%	+55.56%	+57.34%	+33.80%	+29.41%	+53.85%	+27.84%	+31.74%	+31.89%	+14.73%	+26.17%	+15.83%	+16.34%	+14.02%	+12.03%	+15.27%	+25.00%	+15.00%	+1.54%	+25.71%	+50.72%	+7.69%	-3.16%

PERI

PERI fundamentals

PERI Q4 2025 Earnings

Earnings Call

You can ask Aime

PERI

PERI fundamentals

PERI Q4 2025 Earnings

Earnings Call

PERI Earnings Call Summary for Q4/20259:30 AM on Feb 18, 2026

PERI Earnings Call Summary for Q3/20258:30 AM on Nov 12, 2025

PERI Earnings Call Summary for Q2/20258:30 AM on Aug 11, 2025

PERI Earnings Call Summary for Q1/20258:30 AM on May 13, 2025

PERI Earnings Call Summary for Q4/20248:30 AM on Feb 19, 2025

You can ask Aime