Recent Updates — PERI
Perion Network Ltd. announced the acquisition of PRN, a leading in-store retail media company, for up to $12 million in cash paid at closing. The transaction is expected to be accretive from closing and contribute approximately $3 million to Adjusted EBITDA in 2027 before synergies. Perion will integrate PRN as Perion Retail Networks, gaining exclusive multi-year partnerships with major North American retailers across warehouse club, big-box, and healthcare sectors. This move expands Perion’s digital-out-of-home reach into point-of-purchase environments within the $70B+ U.S. retail media market. Perion Network Ltd. operates in the digital advertising technology industry, providing AI-native execution infrastructure for media buying across various channels.
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.
Perion Network Ltd. announced it will release its second quarter 2026 financial results on August 10, 2026, before the market opens. CEO Tal Jacobson and CFO Elad Tzubery will host a conference call at 8:30 a.m. ET to discuss the results. The company provides AI-native digital advertising execution infrastructure.
On July 8, 2026, Perion Network Ltd. announced an expansion of its Distribution Partner Program through a partnership with Acrossmedia241. This collaboration aims to deploy Outmax, the company's AI agent, within Greece and the Central and Eastern Europe (CEE) region. Perion Network operates in the ad-tech industry, providing digital advertising and monetization solutions.
Perion Network Ltd. launched