Taboola.com Q2 2024 Adj EPS $(0.01) Misses undefined Estimate, Sales $428.20M Miss $428.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Taboola.com (NASDAQ:TBLA) reported Q2 2024 adjusted EPS of $(0.01), missing the undefined analyst estimate. Sales were $428.20M, slightly below the $428.67M estimate but up 28.97% year-over-year.
August 07, 2024 | 10:09 am
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Taboola.com reported Q2 2024 adjusted EPS of $(0.01), missing the undefined analyst estimate. Sales were $428.20M, slightly below the $428.67M estimate but up 28.97% year-over-year.
The miss on both EPS and sales estimates, despite the significant year-over-year sales growth, is likely to negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100