Perion Network Ltd (PERI) Q4 2023 Earnings Call

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WEBVTT 00:00:00.558 -- 00:00:05.699 Hello, everybody, and welcome to the Perion Network fourth quarter and full year 2023 00:00:05.699 -- 00:00:09.260 earnings conference call. Today's conference is being recorded. 00:00:09.260 -- 00:00:14.282 The press release detailing the financial results is available on the company's 00:00:14.282 -- 00:00:17.062 website at www.perion.com. 00:00:18.043 -- 00:00:21.684 Before we begin, I'd like to read the following Safe Harbor statement. 00:00:21.684 -- 00:00:24.485 Today's discussion includes forward-looking statements. 00:00:24.485 -- 00:00:29.246 These statements reflect the company's current views with respect to future events. 00:00:29.246 -- 00:00:32.727 These forward-looking statements involve known and unknown risks, uncertainties, and 00:00:32.727 -- 00:00:36.968 other factors, including those discussed under the heading Risk Factors and Elsewhere 00:00:36.968 -- 00:00:42.129 in the company's annual report on Form 20F that may cause actual results, performance, 00:00:42.129 -- 00:00:46.810 or achievements to be materially different than any future results, performance, or achievements 00:00:46.810 -- 00:00:49.990 anticipated or implied by these forward-looking statements. 00:00:49.990 -- 00:00:54.151 The company does not undertake to update any forward-looking statements to reflect future 00:00:54.151 -- 00:00:56.272 events or circumstances. 00:00:56.272 -- 00:01:01.179 As in prior quarters, The results reported today will be analyzed both on a GAAP and 00:01:01.179 -- 00:01:06.601 a non-GAAP basis. While mentioning EBITDA, we'll be referring to adjusted EBITDA. 00:01:06.601 -- 00:01:10.443 We have provided a detailed reconciliation of non-GAAP measures to their comparable GAAP 00:01:10.443 -- 00:01:14.485 measures in ou...