Perion Network Ltd. (NASDAQ:PERI) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET
Company Participants
Tal Jacobson - Chief Executive Officer
Maoz Sigron - Chief Financial Officer
Conference Call Participants
Laura Martin - Needham and Company
Mark Kelley - Stifel
Jason Helfstein - Oppenheimer
Jeff Martin - Roth
Max Michaelis - Lake Street Capital
Operator
Call starts abruptly.
Earnings Conference Call. Today's conference is being recorded. The press release detailing the financial results is available on the company's website at www.perion.com.
Before we begin, I'd like to read the following Safe Harbor statement. Today's discussion includes forward-looking statements. These statements reflect the Company's current views with respect to future events. These forward-looking statements involve known and unknown risks, uncertainties, and other factors including those discussed under the heading Risk Factors and elsewhere in the Company's annual report on Form 20-F. That may cause actual results, performance, or achievements to be materially differ and any future results, performance, or achievements anticipated or implied by these forward-looking statements.
The Company does not undertake to update any forward-looking statements to reflect future events or circumstances. As in prior quarters, the results reported today will be analyzed both on a GAAP and non-GAAP basis. While mentioning EBITDA, we will be referring to adjusted EBITDA. We have provided a detailed reconciliation of non-GAAP measures to their comparable GAAP measures in our earnings release, which is available on our website and has also been filed on Form 6-K.
Hosting the call today are Tal Jacobson, Perion’s Chief Executive Officer, and Maoz Sigron, Perion's Chief Financial Officer.
I would now like to turn the call over to Tal Jacobson. Please go ahead.
Tal Jacobson
Hello, everyone and welcome to Perion’s third quarter of 2023 earnings. Joining me today is Maoz Sigron, our CFO.
I would like to begin by extending our most profound sympathy and support to all our employees and their families and our friends and colleagues in Israel who are facing challenging times. As I recently said in an interview on CNBC, Israel is the most resilient people on earth. Under extreme situation of uncertainty Israelis thrive, come together and overcome any difficulties. Hence Perion's operations and business activities remain strong.
Perion is a global company predominantly serving the U.S. market where the vast majority of our revenue is generated. The huge support we are receiving including from many of you on this call, is so appreciated. Perion is built on the hard work and execution abilities of our amazing teams and on the long lasting support and belief of our investors. I want to thank you all for being part of our integral part of our journey. We will continue to serve our country while delivering value to our clients, partners and stakeholders.