Taboola (TBLA) Tops Q3 EPS by 16c; Lowers Outlook

Taboola (NASDAQ: TBLA) reported Q3 EPS of $0.04, $0.16 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $332.5 million versus the consensus estimate of $322.09 million.

GUIDANCE:

Taboola sees Q4 2022 revenue of $358-374 million, versus the consensus of $429.6 million.

Taboola sees FY2022 revenue of $1.388-1.404 billion, versus prior of $1.434-$1.474 billion and the consensus of $1.45 billion. Lowering full year 2022 guidance for ex-TAC Gross Profit by 6% to $564-576 million.

For earnings history and earnings-related data on Taboola (TBLA) click here.

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