Perion Network Announces Preliminary Q1 2024 Financial Results

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Go back to Perion Network Announces Preliminary Q1 2024 Financial Results

Voestalpine AG (VOE:AV) (VLPNF) PT Raised to EUR25.20 at Morgan Stanley

April 8, 2024 1:12 PM EDT

Morgan Stanley analyst Alain Gabriel raised the price target on Voestalpine AG (VOE:AV) (OTC: VLPNF) to EUR25.20 (from EUR24.80) while maintaining a Equalweight rating.

The analyst comments "This morning, PERI announced preliminary 1Q24 results and updated FY24 guidance, well below our... More

Perion Network (PERI) stock sinks on lower guidance

April 8, 2024 12:57 PM EDT

Shares of Perion Network (NASDAQ: PERI) plunged as much as 40% Monday after the company announced its preliminary results, cutting its revenue forecast.

The revenue forecast was cut due to a drop in search advertising driven by changes at Microsoft's Bing in advertising pricing and mechanisms implemented by Microsoft Bing in its Search... More