2023-08-09 06:21:49 ET
- Taboola.com press release ( NASDAQ: TBLA ): Q2 GAAP EPS of -$0.09 beats by $0.03 .
- Revenue of $332M (-3.1% Y/Y) beats by $16.77M .
- Updated 2023 guidance raises the mid-point: Revenues of $1,438M - $1,469M vs $1.45B consensus, Gross Profit of $420M - $436M, ex-TAC Gross Profit of $531M - $546M, Adjusted EBITDA of $73M - $80M. Non-GAAP net income of $5M-$10M.
- Reiterating 2024 guidance of $200M+ Adjusted EBITDA, $100M+ Free Cash Flow.
- Q3 Guidance: Revenue of $331-$357M vs $344.5M consensus, Non-GAAP net income of $(20M)-$(8M).
For further details see:
Taboola.com GAAP EPS of -$0.09 beats by $0.03, revenue of $332M beats by $16.77M