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Perion stock rises 4% on guidance despite miss

Perion Network shares rose 4% after maintaining 2026 guidance despite Q1 revenue miss.

Alexander Gonzalez
ByAlexander Gonzalez- Senior Editor
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Perion Network Ltd. (NASDAQ:PERI) reported Q1 results that missed revenue estimates. Despite that, shares rose 4% in pre-market trading.

The company maintained its full-year 2026 guidance. Adjusted EPS was $0.11, below the $0.13 consensus.

Revenue reached $90.4 million, below the $92.92 million estimate but up 1% YoY.

CEO Tal Jacobson highlighted progress on the Perion One platform and Outmax AI Agent technology, with growing customer adoption.

Outmax AI agent spend surged 316% YoY, CTV spend rose 68%, and DOOH spend grew 29%.

Advertising solutions revenue fell 4% to $66.7 million, while search advertising revenue rose 21% to $23.7 million.

Perion repurchased 2.5 million shares for $24.1 million. Cash and equivalents stood at $293 million.

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