Taboola (TBLA) reported that its fourth quarter net income declined to $3.72 million from $15.18 million, last year. Earnings per share was $0.01 compared to $0.06. Non-GAAP net income declined to $31.4 million from $43.3 million. Fourth quarter revenues were $419.77 million compared to $371.27 million, previous year.
For fiscal 2024, the company expects: revenue in a range of $1.89 billion - $1.94 billion; and non-GAAP net income of $84 million - $104 million.
For the first quarter, the company expects: revenue in a range of $387 million - $413 million; and a non-GAAP net loss in a range of $15 million - $3 million.
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