Perion Network Reports Q1 Earnings with Modest Growth and Strategic Shifts
Perion Network reported a modest 1% year-over-year revenue increase in the first quarter, reaching $90.4 million, but adjusted EBITDA declined to $0.5 million due to increased go-to-market spending for long-term growth initiatives. The company emphasized its shift toward channel-agnostic advertising through Perion One and Outmax AI agent.
Topics: adjusted_ebitda advertising_model_shift ai_agent revenue_growth