India, April 16 -- Perion Network Ltd. (PERI) climbed 8.99 percent to $8.85 during Wednesday's trading after the company shared preliminary first quarter 2025 results, projecting revenue of approximately $88 million and adjusted EBITDA of around $1.5 million.
The stock opened at $8.36 and traded between $8.31 and $9.10 on the Nasdaq. Volume reached nearly 494,000 shares, topping its daily average of 433,000.
Perion shares have traded between $7.00 and $13.49 over the past 52 weeks.
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