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

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Taboola Reports Q3 2022 Results

November 9, 2022 7:30 AM EST

Beat Q3 Revenues, Gross Profit, Adjusted EBITDA and Non-GAAP Net Income.Gross Profit of $102.7M and Ex-TAC Gross Profit of $129.3M.GAAP Net Loss of $26.0M, Non-GAAP Net Income of $10.2M and Adjusted EBITDA of $24.2M.Maintain and reiterate 2022 Adjusted EBITDA Guidance of $152-160M. For FY 2022, expecting $17-25M of Free Cash Flow and $58-66M cash generated before paying publishers $21M in net pre-payments*** and $20M of cash interest... More