secwatch.observer — SEC 8-K summary
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Issuer:     Taboola.com Ltd. (TBLA)
CIK:        0001840502
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001140361-23-038678
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Taboola beats Q2 guidance across all metrics; raises FY2023 midpoint
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- Q2 revenue $332M, ex-TAC gross profit $123.1M, Adj EBITDA $15.7M; all above high end of guidance.
- Raised FY2023 guidance: revenue $1.438-1.469B, Adj EBITDA $73-80M; positive free cash flow expected.
- eCommerce now ~20% of ex-TAC (up from 15%); Taboola News approaching $100M from $50M in 2022.
- Reiterated 2024 guidance: Adj EBITDA $200M+, free cash flow $100M+.
- Yahoo integration on schedule; early pilot markets live; impact immaterial to date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840502/000114036123038678/0001140361-23-038678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840502/000114036123038678/brhc20056893_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-038678

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer