Overview

* Perion Q3 2025 revenue grows 8% yr/yr, driven by CTV and Digital out of home (DOOH) growth

* Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

* Company expands share repurchase program to $200 mln, reflecting confidence in growth

Outlook

* Perion reiterates FY 2025 revenue guidance of $430 mln to $450 mln

* Perion expects FY 2025 adjusted EBITDA of $44 mln to $46 mln

Result Drivers

* CTV GROWTH - CTV revenue surged 75% YoY, contributing significantly to overall revenue growth

* DOOH GROWTH - DOOH revenue rose 26% YoY, supporting revenue increase

* AI SOLUTIONS - Launch of AI-driven SODA and DOOH Player expected to enhance revenue predictability and growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $0.28 -$0.01

Adjusted (6

EPS Analysts

)

Q3 EPS -$0.10

Q3 Beat $12.50 -$635,00

Adjusted mln 0 (6

Net Analysts

Income )

Q3 Net -$4.10

Income mln

Q3 Beat $12.10 $11.32

Adjusted mln mln (6

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Perion Network Ltd is $14.00, about 32.1% above its November 11 closing price of $9.50

* The stock recently traded at 324 times the next 12-month earnings vs. a P/E of 199 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)