Perion Network Shares Rise on Full-Year Guidance Despite Q1 Revenue Miss
Perion Network (NASDAQ:PERI) reported first-quarter results below expectations, but shares rose in pre-market trading after the company reaffirmed its full-year guidance. The digital advertising firm highlighted growth in AI and connected TV initiatives despite a 4% decline in advertising solutions revenue.
Tickers: $PERI
Topics: AI growth CTV advertising earnings guidance reaffirmed revenue miss