Perion Network Ltd. (NASDAQ:PERI) Q4 2023 Earnings Conference Call February 7, 2024 8:30 AM ET
Company Participants
Tal Jacobson - CEO
Maoz Sigron - CFO
Conference Call Participants
Jason Helfstein - Oppenheimer
Laura Martin - Needham & Company
Mark Kelley - Stifel
Jeff Martin - Roth
Eric Martinuzzi - Lake Street Capital
Mauricio Munoz - Raymond James
Operator
Hello, everybody, and welcome to the Perion Network’s Fourth Quarter and Full Year 2023 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 different on 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 a 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
Welcome to Perion's Q4 and full year 2023 earnings. I'm excited to unveil our performance for the quarter, reflect on a year of substantial achievements and provide a glimpse into the future. Before we look at the numbers, let's take a minute to align on our mission. Perion unlocks advertising possibilities across all screens, platforms and locations. We are powering our magic by advanced technology. Perion is an ever-growing ecosystem, cross-channel, AI-driven, locally optimized, and most importantly, we exist naturally along the consumers' journey.
Today's consumers lead a dynamic and diverse lifestyle having multiple interactions with the technologies around them. Each journey is different, constructed by a multiverse of multiple touch points. We make sure our clients have the solutions for each of those touch points. We enable advertisers to interact with their consumers naturally regardless of the platform they use to achieve maximum impact. Perion's technologies and solutions leave naturally across the consumer's journey, picture this, a typical day in Daniel’s life.