Taboola (TBLA) Misses Q1 EPS by 4c
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Taboola Reports Q1 2022 Results
May 12, 2022 5:10 PM EDTBeat Q1 guidance on both of the non-GAAP metrics we primarily focus on, ex-TAC Gross Profit and Adjusted EBITDA.Revenues of $354.7M grew 17% over Q1 2021.Gross Profit of $112.0M grew 25% and Ex-TAC Gross Profit of $138.2M grew 31% over Q1 2021 and 8.4% pro forma with Connexity**.Generated net income of $3.9M, Non-GAAP Net Income of $21.9M and Adjusted EBITDA of $34.9M.Revising 2022 full year guidance ranges to Ex-Tac Gross Profit of $595M to $615M, and Adjusted EBITDA of $152M to $160M.
NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- Taboola (Nasdaq:... More
