Recap: Taboola.com Q1 Earnings

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.

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.

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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