Taboola shares rise 18% after surprise profit and higher revenue outlook

7 articles · Updated · MarketWatch · May 6

The New York ad-tech company earned $59.1 million, or 20 cents a share, versus an $8.75 million loss a year earlier, on revenue up 9.1% to $466.4 million.
Second-quarter revenue guidance of $492 million to $505 million topped the $486.1 million analyst consensus, while full-year guidance was raised to $2.01 billion-$2.06 billion.
Results beat expectations for a 3-cent-per-share loss and suggest momentum in Taboola's push beyond "chumbox" ads into premium advertising through its AI-powered Realize platform.

Can Taboola's new AI platform truly deliver superhuman results for advertisers in a cookieless world?

Is a one-time legal settlement masking a decline in Taboola’s core business profitability?

Why is Taboola cutting jobs while simultaneously forecasting record-breaking revenue growth for the year?