Taboola.com's Q4 Earnings, Revenue Rise; Offers Revenue Guidance, Increases Buyback Program

MT Newswires Live02-26

Taboola.com (TBLA) reported Q4 earnings Wednesday of $0.10 per diluted share, up from $0.01 a year earlier.

Analysts polled by FactSet expected $0.11.

Revenue for the quarter ended Dec. 31 was $491 million, up from $419.8 million a year earlier.

Analysts surveyed by FactSet expected $476.8 million.

The company expects revenue of $407 million to $427 million in Q1 and $1.84 billion to $1.89 billion in 2025. Analysts polled by FactSet expect $458.2 million in Q1 and $2.03 billion in 2025.

In addition, the company said it has increased its share repurchase authorization by up to $200 million.

The company shares were up nearly 6% in recent premarket activity.

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