Perion Network Ltd (PERI) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:01.514 2025 00:00:01.514 -- 00:00:06.084 earnings conference call. Today's conference is being recorded and an archive of the 00:00:06.084 -- 00:00:09.271 webcast will be posted on the company website. 00:00:09.271 -- 00:00:13.340 The press release detailing the financial results is available on the company's website 00:00:13.340 -- 00:00:15.741 at www.perion.com. 00:00:16.687 -- 00:00:20.373 Before we begin, I'd like to read the following safe harbour statement. 00:00:20.373 -- 00:00:23.197 Today's discussion includes forward looking statements. 00:00:23.197 -- 00:00:27.785 These statements reflect the company's current views with respect to future events. 00:00:27.785 -- 00:00:32.492 These forward looking statements involve known and unknown risks, uncertainties and other 00:00:32.492 -- 00:00:37.260 factors, including those discussed under the heading risk factors and elsewhere in the 00:00:37.260 -- 00:00:42.708 company's annual report on Form 20F. That may cause actual results, performance 00:00:42.708 -- 00:00:47.495 or achievements to be materially different and any future results, performance or achievements 00:00:47.495 -- 00:00:51.481 anticipated or implied by these forward-looking statements. 00:00:51.481 -- 00:00:56.127 The company does not undertake to update any forward-looking statements to reflect future 00:00:56.127 -- 00:00:58.330 events or circumstances. 00:00:58.330 -- 00:01:03.618 As in prior quarters, the results reported today will be analysed both on a gap 00:01:03.618 -- 00:01:08.865 and a non-gap basis. While mentioning EBITDA, we will be referring to adjusted 00:01:08.865 -- 00:01:14.393 EBITDA. we have provided a detailed reconciliation of non-GAAP measures 00:01:14.393 -- 00:01:18.719 to their comparable GAAP ...