Perion Network Ltd.

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Company Name	Perion Network Ltd.
Stock Symbol	PERI

On April 8, 2024, Perion announced its preliminary financial results for the first quarter of 2024, disclosing that it now expects revenue in the range of $590-$610 million, down from previously expressed expectations of $860-$880 million. The Company attributed the revision to a drop in search advertising pricing due to changes made by Microsoft’s Bing search engine.

On this news, Perion’s stock price fell $8.61, or 40.8%, to close at $12.50 per share on April 8, 2024, thereby injuring investors.

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If you suffered a loss on your Perion Network Ltd. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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