NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced that members of its management team will participate in the following investor conferences: Event: Oppenheimer 9th Annual Emerging Growth ConferenceDate: Thursday, May 9, 2024 Event: 19th Annual Needham Technology, Media, & Consumer ConferenceDate: Wednesday, May 15, 2024 Presentation Time: 1:30 p.m. ET Event: J.P. Morgan 52nd Annual Global Technology,
Q1 2024 and FY 2024 Key HighlightsQ1 Financials - beat high end of guidance across all key metrics Q1 2024 Revenues $414M, Gross profit $109M, ex-TAC Gross Profit $139M, Net loss $26M, Non-GAAP Net Income $4M, Adj. EBITDA $23M, Free Cash Flow $27MAccelerating YoY growth: Revenues +26%, ex-TAC +20%, Adj. EBITDA +132%, FCF +140% 2024 Guidance - expecting strong Q2 and FY 2024 YoY growth across all metrics Q2 guidance: $425M in Revenues (+28% YoY), $115M Gross profit (+18% YoY), $145M ex-TAC Gross
Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced Taboola Select, a new offering created exclusively for large advertisers that provides access to a curated selection of Taboola's premium editorial partnerships.