Perion (PERI) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 20, 2026 astatine 11:57 AM CDT 34 min read

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DATE

Wednesday, May 20, 2026 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Tal Jacobson

• Chief Financial Officer — Elad Tzubery

Full Conference Call Transcript

Tal Jacobson: Good morning, and convey you for joining america connected Perion's net telephone for the archetypal 4th of 2026. 2025 was twelvemonth 1 for the caller Perion. 2026 focuses connected advancing our caller technologies and accelerating their adoption among our clients. In the archetypal 4th of 2026, we saw an summation crossed each our maturation engines. Our fastest-growing channel, CTV and Digital out-of-home outgrew the market. In retail media adoption, we experienced important maturation that Elad volition present. And I'm besides blessed to stock that Outmax, our AI Agent exertion that was portion of the Green Bits acquisition is increasing rapidly and is becoming a meaningful portion of Perion One.

A fewer important information points from our quarterly numbers, the Perion One merchandise enactment is seeing an summation of 6% successful selling budgets which we notation to arsenic spend. This is an encouraging number, arsenic we spot a faster adoption of our level and the Outmax AI cause usage among our clients. You tin besides admit that some acquisitions precocious stacking greenish bits were highly palmy arsenic some out-of-home and Outmax numbers are continuing to turn 4th aft quarter. This represents our quality to get high-quality companies and integrate them efficiently. Perion One is designed to lick the complexity of the planetary advertizing ecosystem that is some monolithic and fragmented.

Marketers navigate successful a beingness of screens, platforms, formats, information sets and buying environments, portion trying to execute higher standards of performance. Budget, signals and optimizations are siloed by channels, creating a challenging fragmentation that leads to ratio and show breakdown. This is the halfway situation we've been focused connected solving. We are gathering Perion One arsenic an AI-native execution infrastructure to unify the fragmented ecosystem for some advertisers and publishers. Perion One enables advertisers to execute highly analyzable selling activities. It allows them to marque assured decisions faster portion continuously optimizing each run successful existent time. With Perion One, publishers are capable to maximize inventory worth done smarter request allocation and output optimization.

By aligning execution crossed some sides of the ecosystem, request and supply, Perion One improves efficiency, show and outcomes end-to-end. Perion One is an infrastructure, not a instrumentality set. The astir precocious portion of Perion One is the Outmax technology, our AI agent, which is showing tremendous growth. Outmax extremity is to beryllium the 1 AI cause for each channel, whether it's YouTube, Facebook, Instagram, NBC oregon Disney Plus, Outmax is designed to enactment arsenic an intelligent execution cause that ensures each dollar spent is moving astatine its maximum potential. Outmax removes the guesswork and replaces it with algorithm certainty.