Recap: Taboola.com Q1 Earnings

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Taboola.com TBLA reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Taboola.com beat estimated earnings by 83.33%, reporting an EPS of $-0.01 versus an estimate of $-0.06.

Revenue was down $27.04 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.0 which was followed by a 19.12% drop in the share price the next day.

Here's a look at Taboola.com's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.160 -0.02
EPS Actual 0.164 0.04 0.06 0.02
Revenue Estimate 367.49M 322.09M 335.75M 356.98M
Revenue Actual 371.27M 332.46M 342.69M 354.73M

To track all earnings releases for Taboola.com visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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