RRC - Perion Network Cuts Sales Outlook Joins Range Resources And Other Big Stocks Moving Lower In Monday's Pre-Market Session | Benzinga
U.S. stock futures were mixed this morning, with the Dow futures falling by around 10 points on Monday.
Shares of Perion Network Ltd. (NASDAQ: PERI) fell sharply in today’s pre-market trading after the company slashed FY24 revenue guidance.
Perion Network said it sees first-quarter revenue of $157 million, versus market estimates of $175.53 million. The company said it now expects FY24 revenue of $590 million to $610 million, versus prior outlook of $860 million to $880 million.
Perion Network shares dipped 37.6% to $13.17 in pre-market ...