Perion slides on slashed 2024 outlook following Microsoft ‘body blow’ - InvestingChannel

Perion slides on slashed 2024 outlook following Microsoft ‘body blow’

Shares of Perion Network (PERI) have dropped over 40% on Monday after the company reported preliminary first quarter results, saying it expects revenue of $157M, well below consensus of $175. 53M… To see the rest of the story go to thefly.com. (See Story Here):(https://www.thefly.com/permalinks/entry.php/id3893711/-Perion-slides-on-slashed–outlook-following-Microsoft-body-blow)

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