Martin Gerstel

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Perion Network Ltd. (Nasdaq / TASE: PERI)

Retrieved on: 
Tuesday, May 23, 2023

However, in the February to March 2023 timeframe, Perion removed Yandex as a search partner on CodeFuel’s website.

Key Points: 
  • However, in the February to March 2023 timeframe, Perion removed Yandex as a search partner on CodeFuel’s website.
  • In Q1 2023, Perion also reported that revenue per search day declined -35% and -21% quarter-over-quarter and year-over-year, respectively.
  • Perion’s capital raising practices are troubling, and Spruce Point believes that Perion’s financing activities are a major red flag.
  • As disclosed, Spruce Point has a short position in Perion Network, Ltd. and owns derivative securities that stand to net benefit if its share price falls.

Perion Names Tal Jacobson as Chief Executive Officer to Succeed Doron Gerstel Effective August 1st, 2023

Retrieved on: 
Wednesday, February 8, 2023

Tal Jacobson, currently General Manager of CodeFuel, Perion’s search advertising business, will be promoted to CEO of Perion on August 1, 2023.

Key Points: 
  • Tal Jacobson, currently General Manager of CodeFuel, Perion’s search advertising business, will be promoted to CEO of Perion on August 1, 2023.
  • “Perion is well-positioned for sustained, profitable growth, and the time is right for me to turn the company over to the next generation of leadership” commented Gerstel.
  • I asked Tal to join Perion more than four years ago and have no doubt that he is the ideal person to lead Perion forward.
  • Perion is in good hands”
    Tal Jacobson has been an ad-tech executive and leader for more than two decades.

Perion’s Search Advertising Business Unit, CodeFuel, Named Microsoft Advertising’s “Global Supply Partner of the Year”

Retrieved on: 
Thursday, April 28, 2022

Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company, announced today that its search advertising business unit, CodeFuel, has been named Microsoft Advertisings 2021 Global Supply Partner of the Year.

Key Points: 
  • Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company, announced today that its search advertising business unit, CodeFuel, has been named Microsoft Advertisings 2021 Global Supply Partner of the Year.
  • CodeFuel has been selected as the Global Supply Partner from the Microsoft Advertising regional winners all of them distinguished and effective partners across the Americas, EMEA, and APAC.
  • This prestigious award goes to the business that has shown excellence in partnership with Microsoft Advertising across the board.
  • The announcement was made during Microsoft Advertising Elevate on 27 April 2022, the annual global partner summit exclusively for Elite and Select partners.

Perion’s Search Advertising Business Unit, CodeFuel, Wins Microsoft Advertising’s Supply Partner of the Year Award

Retrieved on: 
Thursday, February 10, 2022

Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company, announced today that its search advertising business unit, CodeFuel, has been named Microsoft Advertisings 2021 Supply Partner of the Year EMEA.

Key Points: 
  • Perion Network Ltd. (NASDAQ: PERI), a global advertising technology company, announced today that its search advertising business unit, CodeFuel, has been named Microsoft Advertisings 2021 Supply Partner of the Year EMEA.
  • This prestigious award goes to the business that has shown excellence in partnership with Microsoft Advertising across all areas of collaboration.
  • As a result, advertisers allocated more of their budget to the search category, where consumers express their highest level of purchase intent, which makes our partnership with Microsoft Advertising even more strategic.
  • Microsoft Advertising is delighted to show our appreciation and acknowledge the well-deserved recognition for CodeFuel, a Perion Company, with the Supply Partner of the Year EMEA Award.

Evogene Announces Ms. Sarit Firon to become Evogene's Chairperson of the Board

Retrieved on: 
Wednesday, June 23, 2021

Mr. Martin Gerstel, Evogene's current Chairperson, recently informed the Board that after almost two decades as the Chairperson, he does not intend to stand for re-election.

Key Points: 
  • Mr. Martin Gerstel, Evogene's current Chairperson, recently informed the Board that after almost two decades as the Chairperson, he does not intend to stand for re-election.
  • Sarit brings to Evogene more than 27 years of global investment and operational experience across Silicon Valley, New York and Tel-Aviv.
  • She has held numerous operational and leadership roles, serving as Chairperson and board member, CEO and CFO at prominent high-tech companies.
  • Sarit has served as a director with Evogene since August 2016 and knows Evogene and its subsidiaries very well, which will ensure a smooth transition into her new role as Chairperson of the Board."

Perion Network to Present at the Stifel 2021 Virtual Cross Sector Insight Conference on Tuesday, June 8th

Retrieved on: 
Thursday, June 3, 2021

Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising ad search, social media and display / video / CTV advertising announced today that management will participate in the Stifel 2021 virtual cross sector insight conference on Tuesday, June 8th.

Key Points: 
  • Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising ad search, social media and display / video / CTV advertising announced today that management will participate in the Stifel 2021 virtual cross sector insight conference on Tuesday, June 8th.
  • Doron Gerstel, Perions Chief Executive Officer and Maoz Sigron, Perions Chief Financial Officer will be available throughout the day for one-on-one meetings with attending investors.
  • Perion achieves this through its Synchronized Digital Branding capabilities, which are focused on high impact creative; content monetization; its branded search network, in partnership with Microsoft Bing; and social media management that orchestrates and optimizes paid advertising.
  • This diversification positions Perion for growth as budgets shift across categories.

Perion Network to Present at the 22nd Oppenheimer Annual Israeli Conference on Sunday, May 23rd

Retrieved on: 
Thursday, May 20, 2021

b'Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising \xe2\x80\x93 ad search, social media and display / video / CTV advertising \xe2\x80\x93 announced today that management will participate in the 22nd Oppenheimer Annual Israeli Conference on Sunday, May 23.\nDoron Gerstel, Perion\xe2\x80\x99s Chief Executive Officer and Maoz Sigron, Perion\xe2\x80\x99s Chief Financial Officer will be available throughout the day for one-on-one meetings with attending investors.\nThe company\xe2\x80\x99s presentation by Maoz Sigron, Chief Financial Officer, will take place on May 23rd at 11:00 AM Israel time / 04:00 AM Eastern Time.\nPerion is a global technology company that delivers holistic strategic business solutions that enable brands and advertisers to efficiently \xe2\x80\x9cCapture and Convince\xe2\x80\x9d users across multiple platforms and channels, including interactive connected television \xe2\x80\x93 or iCTV.

Key Points: 
  • b'Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising \xe2\x80\x93 ad search, social media and display / video / CTV advertising \xe2\x80\x93 announced today that management will participate in the 22nd Oppenheimer Annual Israeli Conference on Sunday, May 23.\nDoron Gerstel, Perion\xe2\x80\x99s Chief Executive Officer and Maoz Sigron, Perion\xe2\x80\x99s Chief Financial Officer will be available throughout the day for one-on-one meetings with attending investors.\nThe company\xe2\x80\x99s presentation by Maoz Sigron, Chief Financial Officer, will take place on May 23rd at 11:00 AM Israel time / 04:00 AM Eastern Time.\nPerion is a global technology company that delivers holistic strategic business solutions that enable brands and advertisers to efficiently \xe2\x80\x9cCapture and Convince\xe2\x80\x9d users across multiple platforms and channels, including interactive connected television \xe2\x80\x93 or iCTV.
  • Perion achieves this through its Synchronized Digital Branding capabilities, which are focused on high impact creative; content monetization; its branded search network, in partnership with Microsoft Bing; and social media management that orchestrates and optimizes paid advertising.
  • This diversification positions Perion for growth as budgets shift across categories.\n'

Perion Network to Present at the 16th Annual Needham Virtual Technology & Media Conference on Wednesday, May 19th

Retrieved on: 
Friday, May 14, 2021

b'Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising \xe2\x80\x93 ad search, social media and display / video / CTV advertising \xe2\x80\x93 announced today that management will participate in the 16th Annual Needham Virtual Technology & Media Conference on Wednesday, May 19.\nDoron Gerstel, Perion\xe2\x80\x99s Chief Executive Officer and Maoz Sigron, Perion\xe2\x80\x99s Chief Financial Officer will be available throughout the day for one-on-one meetings with attending investors.\nThe company\xe2\x80\x99s presentation by Doron Gerstel, Chief Executive Officer, will take place on May 19 at 9:30 AM Eastern Time, will be webcast and can be accessed by using the following link:\nPerion is a global technology company that delivers holistic strategic business solutions that enable brands and advertisers to efficiently \xe2\x80\x9cCapture and Convince\xe2\x80\x9d users across multiple platforms and channels, including interactive connected television \xe2\x80\x93 or iCTV.

Key Points: 
  • b'Perion Network Ltd. (NASDAQ:PERI) a global advertising technology company that delivers holistic solutions across the three main pillars of digital advertising \xe2\x80\x93 ad search, social media and display / video / CTV advertising \xe2\x80\x93 announced today that management will participate in the 16th Annual Needham Virtual Technology & Media Conference on Wednesday, May 19.\nDoron Gerstel, Perion\xe2\x80\x99s Chief Executive Officer and Maoz Sigron, Perion\xe2\x80\x99s Chief Financial Officer will be available throughout the day for one-on-one meetings with attending investors.\nThe company\xe2\x80\x99s presentation by Doron Gerstel, Chief Executive Officer, will take place on May 19 at 9:30 AM Eastern Time, will be webcast and can be accessed by using the following link:\nPerion is a global technology company that delivers holistic strategic business solutions that enable brands and advertisers to efficiently \xe2\x80\x9cCapture and Convince\xe2\x80\x9d users across multiple platforms and channels, including interactive connected television \xe2\x80\x93 or iCTV.
  • Perion achieves this through its Synchronized Digital Branding capabilities, which are focused on high impact creative; content monetization; its branded search network, in partnership with Microsoft Bing; and social media management that orchestrates and optimizes paid advertising.
  • This diversification positions Perion for growth as budgets shift across categories.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005465/en/\n'

Perion Pre-Announces Fourth Quarter and Full Year 2020 Results

Retrieved on: 
Tuesday, January 19, 2021

As previously announced, Perion will release its financial results for the fourth quarter and full year 2020, on Tuesday, February 9, 2021, prior to the opening of the financial markets.

Key Points: 
  • As previously announced, Perion will release its financial results for the fourth quarter and full year 2020, on Tuesday, February 9, 2021, prior to the opening of the financial markets.
  • Doron Gerstel, CEO and Maoz Sigron, CFO will host a conference call to discuss the results at 8:30 a.m.
  • Dial-in number from within the United States: 1-888-394-8218
    Playback available until February 16, 2021 by calling 1-844-512-2921 (United States) or 1-412-317-6671 (international).
  • Such statements reflect the current views, assumptions and expectations of Perion with respect to future events and are subject to risks and uncertainties.

Perion Network to Announce Fourth Quarter and Annual 2020 Financial Results on February 9th, 2021

Retrieved on: 
Thursday, January 7, 2021

Perion Network Ltd. (NASDAQ: PERI), a global technology company that delivers Synchronized Digital Branding solutions across the three main pillars of digital advertising - Ad Search, Social media and Display / Video, announced today that it will release its financial results for the fourth quarter and full year 2020, on Tuesday, February 9th, 2021, prior to the opening of the financial markets.

Key Points: 
  • Perion Network Ltd. (NASDAQ: PERI), a global technology company that delivers Synchronized Digital Branding solutions across the three main pillars of digital advertising - Ad Search, Social media and Display / Video, announced today that it will release its financial results for the fourth quarter and full year 2020, on Tuesday, February 9th, 2021, prior to the opening of the financial markets.
  • Doron Gerstel, CEO and Maoz Sigron, CFO will host a conference call to discuss the results at 8:30 a.m.
  • Dial-in number from within the United States: 1-888-394-8218
    Playback available until February 16, 2021 by calling 1-844-512-2921 (United States) or 1-412-317-6671 (international).
  • Separately, the Company announced today that management will participate in the 23rd Annual Needham Virtual Growth Conference and conduct virtual meetings on Monday and Tuesday, January 11-12.