Perion Network (PERI) has released an update.
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.
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