Taboola Q1 Revenue Outlook $387M - $413M Vs. $375.84M Estimate
Portfolio Pulse from Benzinga Newsdesk
Taboola has projected its Q1 revenue to be between $387M and $413M, surpassing the estimated $375.84M.
February 28, 2024 | 11:28 am
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POSITIVE IMPACT
Taboola's Q1 revenue forecast exceeds analysts' expectations, indicating potential growth.
Taboola's projection of its Q1 revenue to be between $387M and $413M, which is higher than the analyst estimate of $375.84M, suggests the company is performing better than expected. This positive outlook could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100