🔴 Taboola is trading 17% down today after Q4 revenue guidance fell well below consensus

Taboola is trading 17.06% down at $2.79 after Q4 revenue guidance came in well below analyst consensus.

• The supplied price context shows the sharp decline on November 4.
• Third-quarter revenue was $462.3 million, down 6.9% year over year and below analyst expectations, despite stronger ex-TAC gross profit.
• Q4 revenue guidance was $477 million–$493 million, well below the $533.9 million consensus; full-year revenue guidance also fell short of estimates.