Perion Network Ltd. reported second quarter 2026 financial results, announcing a narrowing of its full-year outlook. Total revenue decreased 5% year-over-year to $98.2 million, while GAAP net loss widened to $6.8 million from $3.5 million in the prior year period. The company repurchased 2.7 million shares for $24.5 million during the quarter. Management narrowed full-year 2026 guidance for Contribution ex-TAC to $215–$225 million and Adjusted EBITDA to $51–$53 million, citing structural cost reductions and accelerating growth in CTV, DOOH, Retail Media, and its Outmax AI agent. Perion Network Ltd. operates in the digital advertising technology industry, providing AI-native infrastructure for media execution across various channels.
