Loading...
•
Jun 30, 2023
Taboola Q2 2023 Earnings Report
Taboola outperformed its guidance in Q2 2023 and raised the midpoint for 2023.
Key Takeaways
Taboola reported Q2 2023 revenues of $332.0M, a gross profit of $97.1M, a net loss of $31.3M, and an adjusted EBITDA of $15.7M. The company raised its mid-point for 2023 revenue guidance to $1,438M - $1,469M.
Q2 2023 revenues were $332.0M.
Q2 2023 gross profit was $97.1M.
Net loss for Q2 2023 was $31.3M.
Adjusted EBITDA for Q2 2023 was $15.7M.
Forward Guidance
Taboola updated its 2023 guidance, raising the mid-point for revenues to $1,438M - $1,469M, gross profit to $420M - $436M, ex-TAC Gross Profit to $531M - $546M, and Adjusted EBITDA to $73M - $80M. The company expects positive free cash flow.
Positive Outlook
- Revenues of $1,438M - $1,469M
- Gross Profit of $420M - $436M
- ex-TAC Gross Profit of $531M - $546M
- Adjusted EBITDA of $73M - $80M
- Positive Free Cash Flow
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...