Taboola.com Q2 Adj $0.07 Up From $(0.00) YoY, Sales $428.20M Miss $428.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Taboola.com (NASDAQ:TBLA) reported Q2 earnings of $0.07 per share, a significant increase from $(0.00) per share YoY. Sales were $428.20M, slightly missing the $428.67M estimate but up 28.97% YoY.
August 07, 2024 | 10:11 am
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Taboola.com reported Q2 earnings of $0.07 per share, a significant improvement from $(0.00) per share YoY. Sales were $428.20M, slightly missing the $428.67M estimate but up 28.97% YoY.
The significant improvement in earnings per share from $(0.00) to $0.07 is a positive indicator for investors. Although sales slightly missed estimates, the substantial YoY growth in revenue is a strong positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100