PERI stock tracks growth in connected TV and search

PERI stock remains tied to ad-tech execution as Perion combines connected TV, search, and display monetization across its latest reported metrics.

PERI stock links to Perion Network Ltd. (IL0010958198) and to a business that still depends on the balance between connected TV, search, and display monetization. The latest available company reporting cited revenue of $693.2 million for fiscal 2024, gross profit of $179.0 million, and adjusted EBITDA of $73.2 million, giving investors a dated operating baseline to measure the next update against.

Revenue base and margin shape

Perion reported $693.2 million in revenue for fiscal 2024, down from $826.4 million in fiscal 2023, while gross profit fell to $179.0 million from $235.2 million over the same period. Adjusted EBITDA came in at $73.2 million in fiscal 2024, compared with $117.5 million a year earlier, which shows how quickly ad-tech mix changes can filter through to profitability.

The company also posted a $130.8 million net loss in fiscal 2024, versus net income of $29.0 million in fiscal 2023. That swing matters because the comparison is not a small variance: it marks a year-over-year reversal of $159.8 million.

Loss swing of $159.8 million

For investors, the key point is that Perion's earnings power has moved from expansion to repair mode. The fiscal 2024 numbers set the frame: lower revenue, lower gross profit, lower adjusted EBITDA, and a clear shift from profit to loss.

A dated market quote was not available in the source set for this call, so the closest market reference is the company valuation context embedded in its latest report cycle. Against fiscal 2023, the revenue decline of $133.2 million and the EBITDA decline of $44.3 million are the most useful comparison points for judging whether the next quarter brings stabilization.

Search and CTV still matter

Perion's product mix still revolves around search monetization and connected TV, with display and video also part of the portfolio. That mix is the reason the company can still post large revenue volumes while profitability stays sensitive to advertiser demand and media-placement efficiency.

In fiscal 2024, the reported revenue base of $693.2 million shows that the business remains sizeable even after the $133.2 million year-over-year drop. The next read-through will be whether gross profit, which fell to $179.0 million in fiscal 2024, starts to recover faster than top-line growth.

Perion and the product mix

Perion's main commercial exposure comes from its search, connected TV, and display platforms, which together define how the company monetizes advertising demand. The fiscal 2024 gross profit of $179.0 million and adjusted EBITDA of $73.2 million show that mix quality still matters as much as scale.

That is why the product story remains tied to margin, not just revenue. If revenue rises without a stronger gross-profit conversion than the 25.8% gross margin implied by $179.0 million on $693.2 million, the market is likely to stay focused on execution rather than growth alone.

Market value and timing

Perion Network Ltd. is listed on Nasdaq under the ticker NASDAQ: PERI, and the stock remains best read through its latest operating numbers rather than through a simple headline move. Fiscal 2024 revenue of $693.2 million, adjusted EBITDA of $73.2 million, and net loss of $130.8 million provide the clearest current evidence set for the share story.

As of 17 July 2026, the most recent sourced framework for PERI stock is still the fiscal 2024 report cycle, where the year-over-year changes were decisive: revenue down 16.1%, adjusted EBITDA down 37.2%, and net income moving from a $29.0 million profit to a $130.8 million loss.

PERI stock at a glance

• Company: Perion Network Ltd.
• ISIN: IL0010958198
• Ticker: NASDAQ: PERI
• Trading venue: Nasdaq
• Sector / Industry: Communication Services / Advertising
• Index membership: Not evidenced in the available source set