TBLA - Taboola.com beats by $0.025 revenue misses by $1.91M lowers FY22 guidance

Taboola.com press release (NASDAQ:TBLA): Q1 Non-GAAP EPS of $0.085 beats by $0.025. Revenue of $354.7M (+17.1% Y/Y) misses by $1.91M. Shares -5% For the Second Quarter 2022, the Company currently expects: Revenues of $325 to $345 million vs. $385.44M Gross Profit of $104 to $114 million ex-TAC Gross Profit of $132 to $142 million Adjusted EBITDA of $23 to $28 million Non-GAAP Net Income of $6 to $11 million FY22 Guidance: Revenue of $1.5B-$1.54B vs. $1.64B consensus Gross Profit of $485 to $505 million ex-TAC Gross Profit of $595 to $615 million Adjusted EBITDA of $152 to $160 million Non-GAAP Net Income of $83 to $91 million

For further details see:

Taboola.com beats by $0.025, revenue misses by $1.91M, lowers FY22 guidance