Perion Network Ltd.
For the period ended Aug 11, 2025. Filed Aug 11, 2025.
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Aug 11, 2025 · Filed Aug 11, 2025
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EX-99.1 · Share Repurchase Program
Share Repurchase Program
| ● | In March 2025, Perion’s Board of Directors authorized a $50 million expansion of the previously authorized share repurchase program of $75 million of its outstanding shares, to a total of $125 million |
| ● | During the second quarter of 2025, the company repurchased a total of 3.6 million shares at a total amount of $33.4 million. |
| ● | As of June 30, 2025, the company repurchased a total of 9.6 million shares at a total amount of $86.7 million. |
5 We have not provided an outlook for GAAP Income from operations or reconciliation of Adjusted EBITDA guidance to GAAP Income from operations, the closest corresponding GAAP measure, because we do not provide guidance for certain of the reconciling items on a consistent basis due to the variability and complexity of these items, including but not limited to the measures and effects of our stock-based compensation expenses directly impacted by unpredictable fluctuation in our share price and amortization in connection with future acquisitions. Hence, we are unable to quantify these amounts without unreasonable efforts.
6 Adjusted EBITDA and Contribution ex-TAC are non-GAAP measures. See below reconciliation of GAAP to non-GAAP measures.
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