Taboola Surpasses Q3 2024 Expectations with Strong Growth

TipRanks11-08

An update from Taboola.com ( (TBLA) ) is now available. Taboola reported robust financial results for Q3 2024, surpassing expectations with revenues of $433M and a notable free cash flow of $43M. The ...

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Amazon Considers Additional Multi-Billion Dollar Investment in Anthropic","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TBLA":"Taboola Com Ltd","TBLAW":"Taboola Com Ltd Warrants","BK4077":"互动媒体与服务"},"translate_title":"Taboola 2024年第三季度增长强劲，超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TBLA":1,"TBLAW":0.9},"content_text":"An update from Taboola.com ( (TBLA) ) is now available.\nTaboola reported robust financial results for Q3 2024, surpassing expectations with revenues of $433M and a notable free cash flow of $43M. The company achieved significant year-over-year growth in revenues by 20% and adjusted EBITDA by 110%, driven by increased ad spend and strategic partnerships. Taboola also introduced new technologies like Abby, a Generative AI ad assistant, enhancing advertiser engagement. 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