Taboola.com (NASDAQ:TBLA – Get Free Report) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Taboola.com has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.
Taboola.com (NASDAQ:TBLA – Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.05. Taboola.com had a negative return on equity of 1.85% and a negative net margin of 5.70%. The company had revenue of $419.80 million during the quarter, compared to the consensus estimate of $436.96 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The firm’s revenue was up 13.1% compared to the same quarter last year. On average, analysts expect Taboola.com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Taboola.com Stock Performance
Taboola.com stock opened at $4.20 on Wednesday. The business has a 50 day moving average of $4.32 and a 200-day moving average of $4.15. Taboola.com has a 1 year low of $2.16 and a 1 year high of $5.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $1.24 billion, a P/E ratio of -17.50 and a beta of 1.37.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Taboola.com
Insider Buying and Selling at Taboola.com
In other news, CTO Lior Golan sold 10,187 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $4.86, for a total transaction of $49,508.82. Following the completion of the sale, the chief technology officer now owns 2,545,291 shares of the company’s stock, valued at approximately $12,370,114.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 23.49% of the company’s stock.
About Taboola.com
Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.
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