Core Insights - The article discusses the investment potential of Taboola (NASDAQ: TBLA), highlighting a previous "Strong Buy" rating based on expected double-digit revenue growth [1] Group 1: Company Overview - Taboola is positioned as a platform for matching ads on the open web, indicating its role in digital advertising [1] Group 2: Investment Strategy - The investment approach combines fundamental analysis with options strategies, focusing on various investment styles including income-oriented, growth at a reasonable price, deep value, and dividend aristocrats [1] - The analyst employs 20-25 options strategies for purposes such as hedging, bullish substitutes, neutral trades, trading volatility, and earnings-related trades [1] Group 3: Analyst's Position - The analyst holds a beneficial long position in Taboola shares through stock ownership, options, or other derivatives, indicating confidence in the company's future performance [2]

Taboola (NASDAQ: TBLA ), a company providing digital advertising platform, is a stock I have been following for some time. Previously, I have made two bullish calls on the stock. The first one was in 2023 and another oneAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TBLA over the next 72 hours. I wrote this ...

Taboola.com (TBLA) Q4 2024 Earnings Call February 26, 2025 07:56 PM ET Company Participants Jessica Kourakos - Head of IRAdam Singolda - Founder and CEOStephen Walker - Chief Financial OfficerAndrew Boone - Managing DirectorJason Helfstein - Managing Director - Head of Internet Research Conference Call Participants Laura Martin - Managing Director, Senior Internet & Media AnalystMark Zgutowicz - Equity Research AnalystZach Cummins - Senior Research AnalystJames Kopelman - VP, TMT Research Analyst Operator G ...

Taboola.com Ltd. (NASDAQ:TBLA) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Jessica Kourakos - Head, IR Adam Singolda - Founder & CEO Steve Walker - CFO Conference Call Participants Laura Martin - Needham & Company Andrew Boone - Citizens Jason Helfstein - Oppenheimer Mark Zgutowicz - The Benchmark Company Zach Cummins - B. Riley Securities James Kopelman - TD Cowen Operator Good day, and thank you for standing by. Welcome to Taboola. com Ltd.'s Q4 2024 earnings call. A ...

Taboola.com (TBLA) Q4 2024 Earnings Call February 26, 2025 08:30 AM ET Company Participants Jessica Kourakos - Head of IRAdam Singolda - Founder and CEOStephen Walker - Chief Financial OfficerAndrew Boone - Managing DirectorJason Helfstein - Managing Director - Head of Internet Research Conference Call Participants Laura Martin - Managing Director, Senior Internet & Media AnalystMark Zgutowicz - Equity Research AnalystZach Cummins - Senior Research AnalystJames Kopelman - VP, TMT Research Analyst Operator G ...

Core Viewpoint - Taboola.com Ltd. reported quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share, but showing an improvement from $0.09 per share a year ago, indicating a mixed performance in earnings expectations [1][2]. Financial Performance - The company posted revenues of $491.04 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.96% and showing a year-over-year increase from $419.77 million [2]. - Over the last four quarters, Taboola.com has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2]. Stock Movement and Outlook - Taboola.com shares have increased by approximately 1.4% since the beginning of the year, slightly outperforming the S&P 500's gain of 1.3% [3]. - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at -$0.02 on revenues of $461.14 million, and $0.11 on revenues of $2.07 billion for the current fiscal year [7]. Industry Context - The Computers - IT Services industry, to which Taboola.com belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable environment for performance [8].

Core Insights - Taboola reported strong financial results for Q4 and full year 2024, indicating a transformative year for the company with significant growth in revenues and profitability [2][3][21] - The company launched a new independent performance advertising platform called Realize, aimed at expanding its offerings beyond traditional search and social advertising [2][3] - Taboola increased its share repurchase authorization by up to $200 million, reflecting confidence in its future performance [2] Financial Performance - Q4 2024 revenues reached $491 million, up from $419.8 million in Q4 2023, representing a 17% year-over-year increase [3][21] - Full year 2024 revenues totaled $1.766 billion, compared to $1.440 billion in 2023, marking a 23% increase [3][21] - Gross profit for Q4 2024 was $177.6 million, up from $138.3 million in Q4 2023, while full year gross profit increased to $534.2 million from $425.6 million [3][21] - Net income for Q4 2024 was $33.1 million, compared to a net loss of $0.0 million in Q4 2023, and the full year net loss narrowed to $3.8 million from $82 million in 2023 [3][21] Non-GAAP Financial Metrics - Non-GAAP ex-TAC gross profit for Q4 2024 was $212.7 million, up from $168.5 million in Q4 2023, and for the full year, it increased to $667.5 million from $535.8 million [4][37] - Adjusted EBITDA for Q4 2024 was $92.3 million, compared to $50.1 million in Q4 2023, and for the full year, it rose to $200.9 million from $98.7 million [4][34] - Non-GAAP net income for Q4 2024 was $73.3 million, up from $26.7 million in Q4 2023, while for the full year, it increased to $122.4 million from $32.6 million [4][37] Guidance for 2025 - For Q1 2025, Taboola expects revenues between $407 million and $427 million, and for the full year 2025, revenues are projected to be between $1.838 billion and $1.888 billion [5][6] - Gross profit guidance for Q1 2025 is expected to be between $109 million and $115 million, while for the full year 2025, it is projected to be between $536 million and $552 million [5][6] Upcoming Events - Taboola will host an Investor Day on March 26, 2025, to discuss its strategy, market opportunities, and financial outlook [9]

Core Viewpoint - Taboola has announced an additional share repurchase authorization of up to $200 million, increasing the total authorization to approximately $240 million, reflecting confidence in its business and strong free cash flow generation [1][2]. Share Repurchase Program - The share repurchase program allows purchases to be made in the open market, through trading plans under Rule 10b5-1, in privately negotiated transactions, or otherwise, with the timing and amount subject to market conditions [2]. - The company retains the discretion to suspend, modify, or discontinue the program at any time without prior notice [2]. Upcoming Investor Day - Taboola will host an Investor Day on March 26, 2025, in New York City, where management will discuss the company's strategy, market opportunities, and financial outlook [3]. - The event will be available via live video webcast and will be accessible for replay for twelve months [3]. Company Overview - Taboola specializes in performance advertising technology, enabling businesses to achieve measurable outcomes at scale beyond traditional search and social media [4]. - The company collaborates with thousands of businesses, reaching approximately 600 million daily active users through its ad platform, Realize [5]. - Major publishers like NBC News and Yahoo, as well as OEMs such as Samsung and Xiaomi, utilize Taboola's technology to enhance audience engagement and revenue [5].

Core Insights - Taboola experienced a transformative year in 2024, focusing on performance advertising and launching a new independent platform called Realize [2] - The company has increased its share repurchase authorization by up to $200 million, indicating confidence in future growth [2] Financial Performance - For Q4 2024, Taboola reported revenues of $491 million, a 17% increase from $420 million in Q4 2023 [3] - Gross profit for Q4 2024 was $178 million, up from $138 million in Q4 2023, representing a 28% increase [3] - The net income for Q4 2024 was $33 million, compared to a net income of $0 in Q4 2023 [3] - The diluted EPS for Q4 2024 was $0.10, compared to $0.01 in Q4 2023 [3] - For the full year 2024, revenues reached $1.766 billion, a 23% increase from $1.440 billion in 2023 [3] - The full year gross profit was $534 million, up from $426 million in 2023 [3] - The company reported a net loss of $3.8 million for the full year 2024, a significant improvement from a loss of $82 million in 2023 [3] Cash Flow and Guidance - Cash flow from operating activities for Q4 2024 was $62 million, compared to $23 million in Q4 2023 [3] - Free cash flow for Q4 2024 was $52 million, up from $11 million in Q4 2023 [3] - For Q1 2025, Taboola expects revenues between $407 million and $427 million, and for the full year 2025, revenues are projected to be between $1.838 billion and $1.888 billion [4][5] Upcoming Events - Taboola will host an Investor Day on March 26, 2025, to discuss its strategy, market opportunities, and financial outlook [7]

Core Insights - Taboola has launched a new technology platform called Realize, which focuses on performance advertising beyond native advertising, search, and social media [1][2][6] - Realize aims to address the challenges advertisers face in achieving performance outcomes at scale, leveraging Taboola's unique data and AI technology [3][4][6] Company Overview - Taboola has been a pioneer in native advertising for over a decade, primarily focusing on bottom-of-article placements [2] - The company estimates that advertisers spend approximately $25 billion annually on demand-side platforms (DSPs) and niche AdTech solutions, with many channels lacking the necessary performance expertise [4][5] - Taboola identifies nearly $30 billion in social media advertising spend suffering from diminishing returns, with 75% of performance advertisers reporting similar issues [4][5] Technology Platform - Realize - Realize is described as the only independent performance platform that delivers outcomes at scale, utilizing Taboola's first-party data and AI technology [6] - The platform allows advertisers to access a broader range of inventory beyond traditional native placements, including display ads on trusted publishers and apps like NBC News and Yahoo [6][12] - Key features of Realize include an AI performance engine that optimizes ad placements and creative freedom for advertisers to use existing assets across various formats [15] Market Position and Future Outlook - The CEO of Taboola, Adam Singolda, emphasizes the need for viable alternatives to search and social media for performance advertising, positioning Realize as a significant strategic pivot for the company [7] - Taboola's partnerships with companies like Babbel and eToro highlight the expected benefits of Realize in enhancing advertising reach and ROI [8][9] - Industry experts express optimism about Realize's potential to drive true ROI and improve performance marketing outcomes [10]