• Perion Networks (PERI) had a great quarter.
  • Revenues up 45%. EPS up 90%. Current price 22 vs high of 30. Stock surged after quarter but has pulled back.
  • A good entry point for a secular 30% grower.
  • Over 500 advertising partners, 200 publishers, and 8 billion page views in 2020.
  • Massive 45% increase in total revenue in third quarter driven by 30% increase in average spend and 12% increase in new clients.
  • AI-powered solutions to a traditionally “analog” industry. The total addressable market (TAM) is expected to climb to $524 billion by 2024, from $340 billion in 2020.