NASDAQ:PERI

Perion stock falls after Q1 miss, AI ad spend soars
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Perion stock falls after Q1 miss, AI ad spend soars

Perion Network shares fell 1.9% to $8.84 Thursday, extending a 16% drop after first-quarter results missed revenue targets and showed a wider loss. Revenue rose 1% to $90.4 million, while adjusted EBITDA fell to $0.5 million from $1.8 million. Spending on the company’s Outmax AI agent jumped 316% year over year. The stock underperformed rivals as investors questioned profit growth.
May 22, 2026

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