Perion Network (PERI) CEO Talks Advertising & Earnings

Perion Network (PERI) is a global advertising company that provides digital advertising products and solutions for ad search, social media, and display/video/CTV advertising. CEO, Doron Gerstel joins Oliver Renick to give an overview of the company. He previews PERI's earnings. Adjusted EPS is estimated at $0.52 and revenue is estimated at $141.65M. He notes that PER raises its FY23 revenue guidance to $725M-$745M from $720M-$740M. PERI's 1Q revenue growth came in at 16% and PERI is up over 37% year-to-date. PERI is up 112% from its 52-week low. Tune in to find out more about the stock market today.