secwatch.observer — SEC 8-K summary
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Issuer:     Taboola.com Ltd. (TBLA)
CIK:        0001840502
Form:       8-K/A
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001140361-23-052118
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Taboola beats Q3 guidance, raises FY2023 EBITDA guidance, corrects Q4 Non-GAAP Net Income outlook
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- Q3 revenues $360.2M, ex-TAC gross profit $128.4M, Adjusted EBITDA $22.8M, Non-GAAP Net Income $6.7M.
- Raised FY2023 Adjusted EBITDA guidance to $75M-$82M, Non-GAAP Net Income to $7M-$12M.
- Corrected Q4 2023 Non-GAAP Net Income guidance to $6M-$11M; reiterated 2024 targets of $200M+ EBITDA and $100M+ FCF.
- Announced $40M additional share buyback authorization and up to $30M debt repayment.
- Q3 free cash flow $22.8M; last twelve months free cash flow $55.4M, 3x prior year comparable period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840502/000114036123052118/0001140361-23-052118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840502/000114036123052118/ef20014376_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-052118

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