secwatch.observer — SEC 8-K summary
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Issuer:     Taboola.com Ltd. (TBLA)
CIK:        0001840502
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001140361-24-035979
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 2024; revenue +29% YoY to $428M, Adj. EBITDA +138%
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- Revenue $428M (+29% YoY), ex-TAC gross profit $150M (+21% YoY), Adj. EBITDA $37M (+138% YoY), FCF $26M (+237% YoY).
- Net loss improved to $4M from $31M a year ago; Non-GAAP net income $23M vs. ($1.4M) YoY.
- Reiterates FY 2024 guidance: ex-TAC gross profit ~$667M (+25% YoY), Adj. EBITDA $200M+, FCF $100M+.
- Updates FY 2024 revenue guidance to $1.735-$1.765B due to Yahoo revenue shift to ex-TAC; Q3 guidance initiated: rev $431M midpoint.
- Repurchased $27M in shares during Q2; $66M remaining under authorization. Yahoo advertiser migration complete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840502/000114036124035979/0001140361-24-035979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840502/000114036124035979/ef20033470_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-035979

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