Perion Network CEO On Digital Advertising & Earnings

Perion Network's (PERI) earnings were released yesterday, August 2nd. Its adjusted EPS came in at $0.84 versus an estimated $0.71 and revenue came in at $178.47M versus an estimated $176.00M. CEO Tal Jacobson joins Oliver Renick to give an overview of the company. PERI raises FY23 revenue guidance to $730M-$750M. Its 2Q display advertising revenue came in at $99.4M, which is up 22% year-over-year. PERI is a global advertising technology company that provides digital advertising products and solutions for ad search, social media, and display/video/CTV advertising. Tal discusses the outlook for advertising tech. PERI is up 38% year-to-date. Tune in to find out more about the stock market today.