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Perion Network Cuts FY24 Revenue Forecast From $590M - $610M To $490M - $510M, Est $601.005M

Author: Benzinga Newsdesk | June 10, 2024 07:09am

In recent days, Perion was notified by Microsoft Bing of its decision to exclude a number of publishers from its search distribution marketplace. Similar notices were provided to other Microsoft Bing search distribution partners.

"The recent changes Microsoft Bing implemented to its Search distribution marketplace are unfortunate and significantly impacted our Search Advertising business," commented Tal Jacobson," Perion's CEO.

Posted In: PERI