Turnaround candidate with new growth fantasies in the Connected TV sector!
75% growth in the CTV sector shows where the growth potential lies!
New and deepening partnerships, including with GIMC, could positively impact margins!
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Last year, Perion Network Ltd. (PERI) faced challenges particularly due to the contract expiration with Microsoft Bing. Although management has repeatedly emphasized that this contract accounted for less than 5% of revenue. However, the stock may now be ready for a turnaround. A fresh trigger is the quarterly report dated November 12. This highlights strong growth in all key areas and the successful implementation of the "Perion One" strategy, which aims to become the operating system for marketers. Notably, in the third quarter, the Connected...
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