Taboola reports Q2 EPS (1c), consensus 8c

Reports Q2 revenue $465.5M, consensus $448.62M. “We delivered a strong Q2, beating the high end of our guidance across our key metrics,” said Adam Singolda, CEO of Taboola (TBLA). “We bought back nearly 12% of the company in the first half of the year which reflects our confidence in the business and our long-term vision. As a result, we’re raising full-year guidance across the board and continuing to aggressively buy back shares. We’re also seeing exciting early traction with Realize, our new performance advertising platform. We truly believe we’re just getting started.”