Perion Announces Standard & Poor’s Maalot Credit Rating Reaffirmed & Schedules Fourth Quarter 2017 Financial Results on Mar...
16 February 2018 - 2:35AM
Business Wire
Perion Network Ltd. (NASDAQ: PERI) today announced
that Standard & Poor's Maalot Ratings
Services ("S&P") has reaffirmed Perion's corporate credit
rating of ilA-, with a stable outlook.
Mr. Maoz Sigron, Perion's Chief Financial Officer, commented,
"The reaffirmation of our Credit Rating is a testament to our
strong and steady cashflow.”
An English version of the rating report and notification is
available in the Investors section of Perion's website at
http://www.perion.com/ir-events/.
Furthermore, Perion Network Ltd. (NASDAQ: PERI) today announced
that it will release its financial results for the fourth quarter
ended December 31, 2017, on March 15, 2018 prior to the financial
markets open.
Perion management will host a conference call to discuss the
results at 10 a.m. ET that day.
Details are as follows:
- Conference ID: 4677454
- Dial-in number from within the United
States: 1-866-548-4713
- Dial-in number from Israel:
1-809-212-883
- Dial-in number (other international):
1-323-794-2093
- Playback available until March 22, 2018
by calling 1-844-512-2921 (United States) or 1-412-317-6671
(international). Please use PIN code 4677454 for the
replay.
- Link to the live webcast accessible at
https://www.perion.com/ir-info/
About Perion Network Ltd.
Perion is a global technology company that delivers advertising
solutions to brands and publishers. Perion is committed to
providing data-driven execution, from high-impact ad formats to
branded search and a unified social and mobile programmatic
platform. More information about Perion may be found at
www.perion.com, and follow Perion on Twitter @perionnetwork.
Forward Looking Statements This press release contains
historical information and forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995
with respect to the business, financial condition and results of
operations of Perion. The words “will”, “believe,” “expect,”
“intend,” “plan,” “should” and similar expressions are intended to
identify forward-looking statements. Such statements reflect the
current views, assumptions and expectations of Perion with respect
to future events and are subject to risks and uncertainties. Many
factors could cause the actual results, performance or achievements
of Perion to be materially different from any future results,
performance or achievements that may be expressed or implied by
such forward-looking statements, or financial information,
including, among others, the failure to realize the anticipated
benefits of companies and businesses we acquired and may acquire in
the future, risks entailed in integrating the companies and
businesses we acquire, including employee retention and customer
acceptance; the risk that such transactions will divert management
and other resources from the ongoing operations of the business or
otherwise disrupt the conduct of those businesses, potential
litigation associated with such transactions, and general risks
associated with the business of Perion including intense and
frequent changes in the markets in which the businesses operate and
in general economic and buFeb siness conditions, loss of key
customers, unpredictable sales cycles, competitive pressures,
market acceptance of new products, inability to meet efficiency and
cost reduction objectives, changes in business strategy and various
other factors, whether referenced or not referenced in this press
release. Various other risks and uncertainties may affect Perion
and its results of operations, as described in reports filed by the
Company with the Securities and Exchange Commission from time to
time, including its annual report on Form 20-F for the year ended
December 31, 2016 filed with the SEC on March 7, 2017. Perion does
not assume any obligation to update these forward-looking
statements.
Source: Perion Network Ltd.
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version on businesswire.com: http://www.businesswire.com/news/home/20180215005800/en/
Perion Network Ltd.Investor relationsHila Valdman+972
(73) 398-1000Perion.Investor.Relations@perion.com
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