Taboola beats Q3 guidance: rev $360.2M, Adj. EBITDA $22.8M; raises FY Adj. EBITDA to $75-82M; $40M buyback

Taboola.com Ltd.

2023-Q3 EPS reported -$0.25 revenue$1,019,911,000

Q3 revenue $360.2M (guidance $331-357M), ex-TAC gross profit $128.4M, Adj. EBITDA $22.8M, Non-GAAP net income $6.7M.
Raised FY2023 Adj. EBITDA guidance to $75-82M and Non-GAAP net income to $7-12M; Q4 Adj. EBITDA guidance $26-33M.
Announced $40M additional share buyback authority and up to $30M debt repayment; Q3 buyback $18.6M (total $23M through Sep).
Yahoo partnership: 100% global supply available via Taboola; expects low tens of millions revenue in Q4, full ramp by mid-2024.
eCommerce double-digit growth; Taboola News on track to ~$100M in 2023; Microsoft revenue nearly 2x YoY in Q3.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Taboola.com Ltd. reported third quarter of 2023 results: revenue $360.2M, net income Net loss of $23.1M, EPS $(0.07). Guidance raised.

Period: third quarter of 2023
Revenue: $360.2M
Net income: Net loss of $23.1M
EPS: $(0.07)
Guidance: raised
Result: reported results

Exact text from the filing

Taboola Beats High End of Guidance in Q3 On All Metrics, Raises Adj. EBITDA and Non-GAAP Net Income Guidance for 2023 - Exceeded high end of guidance on all metrics - Q3 2023 Revenues of $360.2M, Gross Profit of $100.7M, ex-TAC Gross Profit of $128.4M, Net loss of $23.1M, Non-GAAP Net Income of $6.7M and Adjusted EBITDA of $22.8M.

View on SEC.gov

Browse all earnings releases →

Taboola.com Ltd. filing history →

Source: SEC EDGAR

accession 0001140361-23-051967

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.