Investing.com - Taboola reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Taboola announced earnings per share of $0.04 on revenue of $332.5M. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $322.09M.
Taboola shares are down 0.45% from the beginning of the year and are trading at $1.71 , down-from-52-week-high.
Taboola shares gained 6.56% in intra-day trade the report.
Taboola follows other major Communication Services sector earnings this month
Taboola's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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