Taboola Reports Strong Q2 2024, Beating Revenues, ex-TAC and Adj. EBITDA; Reiterating ex-TAC, Adj. EBITDA and Free Cash Flow Guidance in 2024
Taboola.com(TBLA) Newsfilter·2024-08-07 18:15
Q2 2024 and FY 2024 Key HighlightsQ2 Financials - Beat on Revenues, ex-TAC and Adj. EBITDA; Growth rates accelerate Q2 2024 Results: Revenues 115M, ex-TAC Gross Profit 4M, Non-GAAP Net Income 37M, Free Cash Flow $26MStrong YoY growth: Revenues +29%, ex-TAC +21%, Adj. EBITDA +138%, FCF +237%Strong Free Cash Flow conversion: 70%+ from Adj. EBITDA Reiterating 2024 ex-TAC, Adj EBITDA, FCF Guidance; Growth rates accelerate across all metrics Initiating Q3 ...