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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Perion Network Ltd.    PERI   IL0010958192

PERION NETWORK LTD.

(PERI)
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Undertone : and Integral Ad Science (IAS) Introduce Viewable-to-Complete Video Buying Metric

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10/07/2020 | 10:22am EDT

Undertone, the leader in Intelligent High Impact who creates the most memorable digital experiences for brands, has officially released its new video Key Performance Indicator (KPI) and buying model with IAS, called Viewable-to-Complete Video (VTC). Now top-tier brands who partner with Undertone for instream and outstream video solutions will be able to transact on a video impression that is viewable at the point of video completion for 6 second to 30 second video.

Undertone has invested heavily in the video space over the past year, bringing KPI-crushing instream video and interactive video to the forefront of its robust product suite. This includes CTV, and its vast array of outstream high impact video formats and targeting capabilities including 1:1 and 100% visual ACR data. Undertone’s VTC metric officially brings their holistic capabilities and KPI-centric buying together giving their brands the best way to drive results with video.

This new solution allows advertisers to guarantee their video KPIs on both key metrics adding a new, viewable layer to their pre-existing CPM or CPCV buying models. Where the MRC currently measures a viewable video impression at 50% in view for 2 seconds, Undertone can now bring that standard to the full-length of the ad. Any impressions that does not meet the VTC metric will be provided as added value media for the advertiser. So, if 10 seconds of your 15 second video ad is in-view, but not the full 15 seconds, you’ve still captured the attention of your target audience for 10 seconds, entirely free.

“We are excited to enable Undertone to provide this new metric by providing them data they can trust. Now advertisers will have access to a new way to transact on video and meet campaign goals,” said Craig Zigler, Vice President of Product Management, IAS.

Undertone has seen triple digit growth for video campaigns year-over-year, due to their heavy investment into a robust creative and format stack, which has delivered trusted and repeated video performance for some of the biggest brands in the US.

“The investments we are making in video to better meet the needs of our partners cannot be understated,” says Dan Aks, Undertone President. “Enabling brands to access the widest variety of video units across all platforms, and do so with efficient pricing models that can guarantee success, closes the loop for advertisers with any goal who are looking to activate a video campaign.”

If you’re looking to guarantee that all of your video dollars are spent on viewable AND complete impressions, reach out to tellmemore@undertone.com or your local Account Executive.

About IAS

Integral Ad Science (IAS) is the global leader in digital ad verification, offering technologies that drive high-quality advertising media. IAS equips advertisers and publishers with both the insight and technology to protect their advertising investments from fraud and unsafe environments as well as to capture consumer attention, and drive business outcomes. Founded in 2009, IAS is headquartered in New York with global operations in 17 offices across 12 countries. IAS is part of the Vista Equity Partners portfolio of software companies. For more on how IAS is powering great impressions for top publishers and advertisers around the world, visit integralads.com.

About Undertone

Undertone creates memorable ad experiences by thoughtfully orchestrating solutions across video, advanced TV, rich media, and social, to drive unmatched brand lift and audience engagement on virtually every screen, and every device. Their award-winning creative team uses the company’s 20 years of experience, and billions of impressions worth of data to intelligently craft campaigns that can drive full-funnel KPIs while making meaningful connections with the 200MM+ unique users they can reach every month. Undertone brings the art and science of advertising together to intelligently craft campaigns that uplift consumers, brands, and publishers alike. Visit undertone.com to learn more

© Business Wire 2020

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Financials (USD)
Sales 2020 296 M - -
Net income 2020 4,00 M - -
Net cash 2020 65,4 M - -
P/E ratio 2020 43,3x
Yield 2020 -
Capitalization 185 M 185 M -
EV / Sales 2020 0,40x
EV / Sales 2021 0,40x
Nbr of Employees -
Free-Float 70,9%
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Number of Analysts 4
Average target price 10,00 $
Last Close Price 6,94 $
Spread / Highest target 58,6%
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NameTitle
Doron Gerstel Chief Executive Officer & Director
Eyal Kaplan Chairman
Maoz Sigron Chief Financial Officer
Micki Kolko Chief Technology Officer
Dror Erez Director
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