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Perion Network’s Growth in DOOH and Retail Media
Company Announcements

Perion Network’s Growth in DOOH and Retail Media

Perion Network (PERI) has released an update.

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Perion Network’s third-quarter results for 2024 highlight significant growth in key areas such as Digital Out of Home (DOOH) and Retail Media, with revenues increasing by 63% and 62% year-over-year, respectively. Despite a challenging environment reflected in a 45% drop in total revenue, the company remains committed to innovation and maintaining shareholder value by leveraging its multi-channel strategy across digital platforms. The company plans to continue generating positive cash flow, relying on both organic and inorganic growth strategies.

For further insights into PERI stock, check out TipRanks’ Stock Analysis page.

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