Perion Network reported Q1 2024 revenues of $157.82M, beating estimates, with increased daily searches and retail media revenue. Adjusted EPS was $0.44. Q2 revenue expected at $118M-$122M, FY2024 revenue expected at $590M-$610M.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 150 points on Thursday.
The Dow traded up 0.42% to 38,585.09 while the NASDAQ fell 0.19% to 15,828.29. The S&P 500 also rose, gaining, 0.15% to 5,008.09.