Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Perion Network Ltd.
Type
Public
Traded as NASDAQ: PERI, TASE: PERI
Industry Ad-tech, Internet
Founder Yaron Adler, Ofer Adler
Headquarters Holon, Israel
Area served
Worldwide
Key people
Doron Gerstel (CEO)
Ophir Yakovian (CFO)
Mike Glover (GM)
Products CodeFuel, Undertone, MakeMeReach, Smilebox, Incredimail
Revenue Increase US$330.75 million (2014)
Operating income
Increase US$55.29 million (2014)
Net income
Increase US$42.82 million (2014)
Number of employees
400 (as of April 30, 2015)
Website perion.com

Perion is an Israel-based ad-tech company providing engagement and monetization solutions for web and mobile based digital businesses. Their headquarters are in Holon, Israel, with offices in San Francisco, New York City, Boston, Chicago, Washington DC, Los Angeles, Atlanta, Milan, Hamburg, Düsseldorf, Paris and Barcelona.

Perion was formerly IncrediMail, an email company founded in 1999 by cousins Yaron and Ofer Adler. Soon after its founding, they raised $3.3 million from private and institutional sources and IPOed on NASDAQ in January 2006. They listed on the Tel Aviv Stock Exchange in 2007.

Perion was managed by its original founders until August 2010, when Josef Mandelbaum was appointed CEO. Mandelbaum had previously been CEO of American Greetings Interactive, the internet branch of American Greetings. In August 2011 Perion acquired the Redmond-based Smilebox for $32 million. Smilebox is an application for creating slideshows and other digital photo albums.

In November 2011 they changed the company name to Perion, the Hebrew word for productivity. In November 2012 Perion purchased Israel-based SweetPacks (aka SweetIM) for approximately $41 million. SweetPacks produced a variety of downloadable content for everyday use. In January 2014, they acquired Conduit’s ClientConnect business in an all-stock transaction valued at $660 million.

In June 2014, Perion acquired San Francisco based GrowMobile. In February 2015, Perion acquired Paris-based MakeMeReach - a social media advertising platform. After their move to Holon, Perion Network incorporated CSR policies into their corporate strategy. 2% of its net profits is donated and all employees are permitted to spend up to 40 hours per year volunteering in the community.

In December 2015, Perion acquired the digital advertising company Undertone for $180 million. In January 2017, Perion announced the appointment of new CEO Doron Gerstel, effective April 2017, followed by the announcement of Josef Mandelbaum stepping down from the company. Later in the year, the company's unit MakeMeReach was named as a Snapchat Partner.

Undertone helps brands engage consumers through cross-screen and digital ad experiences. CodeFuel allows developers to generate revenue using search syndication. MakeMeReach is a social media marketing tool to help advertisers grow demand for their brand on Facebook, Twitter, Instagram & Snapchat. The mobile and desktop apps are IncrediMail, an email program and Smilebox, a desktop and mobile app for customizing and animating photos.

Investment goal date:
Dividends reinvested
Perion Network Ltd. PERI report Q2 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2017
2018-03-07
--
--
Q3 2017
2017-11-07
--
--
Q2 2017
2017-08-03
0.0500
-0.4600
Q1 2017
2017-05-04
0.0400
-0.0300
Q4 2016
2017-03-07
0.0800
0.0000
Q3 2016
2016-11-08
0.1000
0.0400
Q2 2016
2016-08-03
0.0800
0.0200
Q1 2016
2016-05-11
0.0900
-0.0200
Q4 2015
2016-03-15
0.1000
0.0700
Q3 2015
2015-11-03
0.0900
-0.9700
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
ACADIAN ASSET MANAGEMENT LLC
216518
BRANDES INVESTMENT PARTNERS, LP
56351
DEUTSCHE BANK AG\
39273
FIRST WILSHIRE SECURITIES MANAGEMENT INC
122996
GEODE CAPITAL MANAGEMENT, LLC
46649
GHP Investment Advisors, Inc.
136111
GOLDMAN SACHS GROUP INC
80153
HighTower Advisors, LLC
25219
JPMORGAN CHASE & CO
9422946
KCG Holdings, Inc.
53867
MORGAN STANLEY
84682
O'SHAUGHNESSY ASSET MANAGEMENT, LLC
42104
RBF Capital, LLC
74000
RENAISSANCE TECHNOLOGIES LLC
1821800
State of Tennessee, Treasury Department
31392
Major Shareholders
Name Relationship
Total Shares
Holding stocks