Taboola.Com Reiterates FY24 Guidance Of $200M+ Adjusted EBITDA; Sees $100M+ Free Cash Flow In FY24
Portfolio Pulse from Benzinga Newsdesk
Taboola.Com has reiterated its FY24 guidance of over $200 million in adjusted EBITDA. The company also expects to see over $100 million in free cash flow in FY24.
November 08, 2023 | 11:26 am
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POSITIVE IMPACT
Taboola.Com's reiteration of its FY24 guidance and expectation of over $100 million in free cash flow could instill confidence in investors, potentially impacting TBLA's stock positively.
Taboola.Com's reiteration of its FY24 guidance and expectation of over $100 million in free cash flow indicates a positive financial outlook. This could instill confidence in investors, potentially leading to increased demand for TBLA's stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100