• The company’s search business revival can no longer be denied, and this is producing significant amounts of cash and profits.
• Doubts linger about their ad business, which suffered another dismal quarter but behind the scenes, there are many things going on in an effort to reverse this.
• What’s more, we believe that the bad performance of their ad business is more than priced in, the shares seem very cheap to us.

Source: Perion Network Search Business Revival Is Here To Stay – Perion Network Ltd. (NASDAQ:PERI) | Seeking Alpha