Perion Announces Preliminary First Quarter 2025 Results

Perion Network Ltd., a leader in advanced technology solving for the complexities of modern advertising, announced today (May 7th, 2025) preliminary financial results for the first quarter ended March 31, 2025.

Perion expects to report revenue of approximately USD$88m (£65.9m), adjusted EBITDA of approximately USD$1.5m (£1.1m) and adjusted EBITDA to Contribution ex-TAC of approximately 4% for Q1 2025. These preliminary results reflect a strong start to the year, supported by sustained momentum across the company’s growth engines and the early positive response to the launch of our Perion One strategy.

Tal Jacobson, Perion’s CEO, commented: "Our preliminary first quarter results exceeded our expectations, reflecting continued momentum and the strength of our core growth engines. This performance reinforces our belief that our Perion One strategy is the right path forward, creating a unified, AI-driven approach that positions us for long-term, sustainable growth."

Perion will release its financial results for the first quarter ended March 31, 2025 prior to the opening of the financial markets on Tuesday, May 13, 2025.

Tal Jacobson, CEO, and Elad Tzubery, CFO, will host a conference call to discuss the results on that day at 8:30 a.m. ET.

Earning call registration link: https://perion-q1-2025-earnings-call.open-exchange.net/registration

A replay of the call and a transcript will be available within approximately 24 hours of the live event on the investors section of Perion’s website at www.perion.com/investors.

These preliminary results are based on management’s current estimates and are subject to change pending completion of the Company’s financial closing procedures.