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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

3.32

Mkt cap

1.1B

Volume

1.1M

High

3.35

P/E Ratio

-21.60

52-wk high

5.00

Low

3.22

Div yield

N/A

52-wk low

2.87

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

Needham analyst Laura Martin reiterated a Buy rating and a $5 price target for Taboola.com Ltd (TBLA). The integration of Yahoo's ad units and new buy-side clients is expected to nearly double TBLA's revenues from $1.5 billion to $2.5 billion, starting in 3Q24. TBLA's revenues from Microsoft Corp (MSFT) have stopped falling and are expected to increase. The Yahoo integration is expected to start generating revenues in 4Q23 and increase TBLA's EBITDA margins. TBLA's financial targets include 20%+ revenue growth, a 30%+ EBITDA margin, and a 50% FCF conversion rate from EBITDA, which Martin expects TBLA to exceed in 2024 and 2025.

Portfolio Pulse from Anusuya Lahiri

June 29, 2023 | 4:26 pm

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

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 10:08 am

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