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Taboola.com Ltd (TBLA) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and AI ... [Yahoo! Finance]

Taboola.com Ltd. - Ordinary Shares (TBLA) 
Company Research Source: Yahoo! Finance
Non-GAAP Net Income: $22.2 million. Adjusted EBITDA: $47.9 million, up 110% year-over-year, with a 29% margin. Free Cash Flow: $42.9 million. Operating Expenses: $128.3 million, up approximately $9 million from the previous year. Cash and Cash Equivalents: $217.2 million. Long-term Loan Balance: $152.7 million. Share Repurchases: $10 million in Q3, with $56 million remaining under the program. 2024 Revenue Guidance: $1.735 billion to $1.765 billion, 22% growth at the midpoint. 2024 Adjusted EBITDA Guidance: Over $200 million. 2024 Free Cash Flow Target: Raised to over $105 million. Q4 Revenue Guidance: $460 million to $490 million. Q4 Adjusted EBITDA Guidance: $83 million to $99 million. Warning! GuruFocus has detected 3 Warning Sign with TBLA. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Taboola.com Ltd ( NASDAQ:TBLA ) exceeded its Q3 revenue, ex-TAC gross profit, and Show less Read more
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