Taboola.com Ltd. (TBLA) Reports Q3 Loss, Tops Revenue Estimates
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Taboola.com Ltd. (TBLA) reported a Q3 loss of $0.02 per share, which was better than the Zacks Consensus Estimate of a $0.02 loss. Despite the loss, the company exceeded revenue expectations.
November 07, 2024 | 1:45 pm
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Taboola.com Ltd. reported a Q3 loss of $0.02 per share, which was better than expected. The company also exceeded revenue estimates, indicating a positive performance despite the loss.
The better-than-expected earnings per share and revenue performance suggest a positive short-term impact on TBLA's stock price. Investors may view the results as a sign of resilience and potential growth.
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