Taboola Com Ltd's stock surged 18.11% in pre-market trading following the release of its first-quarter 2026 financial results, which significantly exceeded analyst expectations.
The digital advertising platform reported a surprise net income of $59.1 million, or $0.20 per share, swinging from a loss of $8.8 million a year earlier and beating the average analyst forecast for a loss. Revenue for the quarter rose 9.1% to $466.4 million, also surpassing estimates.
Furthermore, the company raised its full-year revenue outlook to a range of $2.01 billion to $2.06 billion, up from its prior forecast. CEO Adam Singolda attributed the strong performance to advertiser success on its AI-powered Realize platform and cited steady progress toward consistent double-digit growth.
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