Perion Network Ltd. responded to SEC staff comments on goodwill and impairment
Letter dated
2025-09-11; published on EDGAR 2026-03-25 — the
SEC releases comment letters only after the review closes.
We note that you performed a quantitative goodwill impairment test as of December 31, 2024, which indicated that the fair value of each reporting unit exceeded its carrying amount. We also note that the decline in Search Advertising revenues starting from the second quarter of 2024 through the second quarter of 2025 has been material. Considering the significant and sustained decline in Search Advertising revenues…
Evidence
Direction
company to staff
Letter dated
2025-09-11
Published on edgar
2026-03-25
Reviewing
Perion Network Ltd. Form 20-F for the Year Ended December 31, 2024 File No. 000-51694 Dear Messrs. Kaluzienski and Littlepage, On behalf of Perion Network Ltd.
Source
Company response to SEC staff (CORRESP)
Topics
Goodwill and impairment, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned Perion Network Ltd.'s accounting for goodwill and impairment
Letter dated
2025-08-20; published on EDGAR 2026-03-25 — the
SEC releases comment letters only after the review closes.
We note that you performed a quantitative goodwill impairment test as of December 31, 2024, which indicated that the fair value of each reporting unit exceeded its carrying amount. We also note that the decline in Search Advertising revenues starting from the second quarter of 2024 through the second quarter of 2025 has been material. Considering the significant and sustained decline in Search Advertising revenues…
Evidence
Direction
staff to company
Letter dated
2025-08-20
Published on edgar
2026-03-25
Reviewing
Perion Network Ltd. Form 20-F for the Year Ended December 31, 2024 File No. 000-51694 Dear Elad Tzubery: We have limited our review of your filing to the financ
Source
SEC staff comment letter (UPLOAD)
Topics
Goodwill and impairment, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.