Streetbeat News

TBLA

Taboola.com Ltd.

https://www.taboola.com

Industry

Internet Content & Information

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users. Taboola.com Ltd. was incorporated in 2006 and is headquartered in New York, New York.

Open

3.18

Mkt cap

1.1B

Volume

852K

High

3.18

P/E Ratio

-31.40

52-wk high

5.00

Low

3.10

Div yield

N/A

52-wk low

2.87

The article lists the stocks that gained and lost the most in Wednesday's trading session. Among the gainers, Tango Therapeutics, Decibel Therapeutics, and Benitec Biopharma saw significant increases due to recent positive financial results and acquisition news. Among the losers, Palisade Bio, Tigo Energy, and Nxu saw significant decreases due to disappointing financial results and negative news.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 7:17 pm

Several communication services stocks experienced significant movement during Wednesday's intraday session. Kubient (KBNT), SciPlay (SCPL), Taboola.com (TBLA), Liberty Latin America (LILAK and LILA), and comScore (SCOR) saw gains, while Angi (ANGI), PubMatic (PUBM), Roblox (RBLX), Nextdoor Holdings (KIND), Townsquare Media (TSQ), and Salem Media Group (SALM) experienced declines. Most of these movements were associated with the release of Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:31 pm

Taboola.Com reported better-than-expected Q2 financial results and raised its FY23 revenue guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:05 pm

Taboola.Com Ltd (NASDAQ:TBLA) reported Q2 FY23 revenues of $332 million, beating the analyst consensus of $315.44 million, despite a 3.1% YoY decrease. The company also reported an adjusted EPS loss of $(0.00), better than the expected $(0.05) loss. Gross profit slid 16.6% to $97.1 million and operating loss widened to $(25) million. The company saw new wins and renewals from key partners, and significant growth in eCommerce and Taboola News. The company raised its FY23 outlook, expecting revenues of $1.438 billion - $1.469 billion.

Portfolio Pulse from Anusuya Lahiri

August 09, 2023 | 3:22 pm

Taboola.com has raised its FY2023 sales guidance from $1.43B-$1.47B to $1.438B-$1.469B, slightly above the $1.45B estimate. The company's Q3 2023 guidance includes revenues of $331M-$357M, gross profit of $83M-$95M, ex-TAC gross profit of $112M-$124M, adjusted EBITDA of ($2M)-$10M, and non-GAAP net income (loss) of ($20M)-($8M).

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:29 am

Taboola.com has released its Q3 and full year 2023 revenue outlook. The company expects Q3 revenues to be between $331M and $357M, and full year revenues to be between $1,438M and $1,469M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:29 am

Taboola.com (NASDAQ:TBLA) reported Q2 earnings of $0.00 per share, beating the analyst consensus estimate of $(0.05) by 106 percent. This is a 95 percent decrease from last year's earnings. The company also reported quarterly sales of $332.00 million, beating the analyst consensus estimate of $315.44 million by 5.25 percent, but a 3.12 percent decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:25 am

Taboola has partnered with Foursquare to connect native advertising to real-world visitation. This partnership will provide a clear return on ad spend for brands with brick and mortar locations.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:19 am

The demand for GPUs is increasing, with prices reaching $70,000 per GPU in some parts of China. AI industry players are buying up GPUs that were intended for home desktop PC rigs. The first evidence of this comes from George Hotz, founder of Comma AI, who tweeted about buying gaming GPUs directly from AMD. The rise of AI is impacting the supply of compute-focused GPUs, and it remains to be seen how this demand will affect gaming GPUs.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:50 am

Needham analyst Laura Martin has reiterated a 'Buy' rating on Taboola.com (NASDAQ:TBLA) and maintained a price target of $5.

Portfolio Pulse from richadhand@benzinga.com

July 21, 2023 | 9:55 am

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