Core Viewpoint - AppLovin Corp has reported a strong quarter, driven by its AI-driven AXON 2.0 platform and the early success of its self-serve eCommerce portal [1][3]. Financial Performance - The company achieved approximately 85% incremental adjusted EBITDA margins, indicating industry-leading profitability [2][5]. - Revenue and adjusted EBITDA exceeded guidance, with fourth-quarter revenue projected at $1.59 billion, an increase from the previous forecast of $1.52 billion [6][7]. Strategic Developments - Management highlighted three key themes: continued strength in advertising, promising early results from the eCommerce portal, and sustained high incremental margins despite investments in cloud hosting and customer acquisition [4][5]. - The early tests in eCommerce suggest a significant long-term opportunity to expand its auction platform beyond gaming, with scaling expected to accelerate through 2026 and beyond [4][5]. Analyst Insights - Goldman Sachs analyst Eric Sheridan maintained a Neutral rating on AppLovin, raising the price forecast from $630 to $720, reflecting confidence in the company's growth potential [3]. - Sheridan noted that while eCommerce revenue growth is modest in the fourth quarter, its contribution is expected to scale significantly next year [6]. Shareholder Returns - The company expanded its share repurchase authorization to $3.3 billion, following $500 million in buybacks during the third quarter [6].

Core Insights - Magnite's shares fell 18.5% following the release of its earnings report, despite reporting a revenue of $179.5 million, which is a 10.8% year-on-year increase and slightly above the consensus estimate of $178 million [1] - The adjusted earnings per share were $0.20, meeting analyst expectations, while adjusted EBITDA was $57.17 million, exceeding estimates by 7.7% [1] - The operating margin improved significantly to 14% from 9.3% in the same quarter last year, indicating strong operational performance [1] Market Reaction - The volatility of Magnite's shares is notable, with 37 moves greater than 5% in the past year, indicating that the recent earnings report had a significant impact on market perception [3] - The broader market, particularly the tech-heavy Nasdaq, experienced a decline of approximately 1.4%, influenced by profit-taking and concerns over high valuations in AI-related stocks [4] - Leadership at Goldman Sachs and Morgan Stanley suggested a potential correction in equity markets over the next couple of years, viewing this as a healthy feature of a long-term bull market [5] Stock Performance - Year-to-date, Magnite's stock is down 9.8%, trading at $14.52 per share, which is 45.2% below its 52-week high of $26.52 from August 2025 [6] - An investment of $1,000 in Magnite's shares five years ago would now be worth $1,279, reflecting a modest growth over the long term [6]

Core Insights - Teads has appointed Mollie Spilman as Chief Commercial Officer to enhance its global commercial strategy following the merger with Outbrain, aiming to accelerate growth and improve client performance [1][2][3] Company Developments - The merger of Teads and Outbrain has created a unified platform with advanced demand, supply, data, and technology capabilities, positioning the company strongly within the digital advertising ecosystem [2] - Teads is focusing on investing in leadership to enhance customer outcomes and maximize the value of its offerings for brands, agencies, and publisher partners [2] Leadership Background - Mollie Spilman has extensive experience in digital media and technology, having previously served as Chief Revenue Officer and Chief Operating Officer at Criteo, where she contributed to revenue growth from $600 million to over $2 billion [3] - Spilman also held senior roles at Oracle Advertising, Millennial Media, and Yahoo!, bringing a wealth of knowledge to her new position at Teads [3] Strategic Vision - The CEO of Teads, David Kostman, emphasized the importance of Spilman's leadership in integrating commercial operations post-merger and scaling the outcomes-driven platform globally [4] - Spilman expressed enthusiasm about the opportunity to innovate in digital advertising, particularly in areas like open internet, CTV, retail media, and GenAI, indicating a strong growth trajectory for Teads [4] Company Overview - Teads is recognized as an omnichannel outcomes platform for the Open Internet, focusing on delivering full-funnel results for marketers through predictive AI technology [9] - The company collaborates with over 10,000 publishers and 20,000 advertisers globally, employing nearly 1,800 people across more than 30 countries [9]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Financial Data and Key Metrics Changes - Q2 revenue increased by 8% to $200 million, surpassing guidance by $3 million [17] - Non-GAAP operating income rose by 10% to $45 million, exceeding guidance by $6 million [17] - GAAP operating income more than doubled, with a margin expansion of seven percentage points to a record high [3][21] - Net new ARR was $14 million, marking the largest organic increase in the past seven quarters, with year-on-year growth of 7% [3][18] Business Line Data and Key Metrics Changes - Subscription revenue grew by 5% to $150 million, with fixed subscription revenue up 6% [17][21] - Marketplace and other revenue increased by 18% to $50 million, driven by a stable ad spending environment and new CTV integrations [20] - Million-dollar-plus subscription customers rose by five to a new high of 132 [4][18] Market Data and Key Metrics Changes - Total RPO (contracted backlog) increased by 29% to $652 million, while current RPO was up 15% to $430 million [18] - Subscription net retention was 102%, aligning with the near-term expectation of 100-105% [18] Company Strategy and Development Direction - The company is focusing on AI product enhancements and a new usage-based pricing model to drive growth [3][11] - Investments are being made in platform upgrades, AI capabilities, and the new pricing model to capture emerging opportunities [40][42] - The long-term goal is to achieve Rule of 40 by FY2028, with a current projection of Rule of 31 for this fiscal year [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving revenue growth of over 10% in the future, driven by AI and ongoing cost efficiencies [15][25] - The company is optimistic about the upcoming renewal periods in Q3 and Q4, with a robust pipeline and sustained sales momentum [27][46] Other Important Information - Free cash flow for the quarter was $57 million, with $50 million allocated for share repurchases [21] - The balance sheet remains strong with $377 million in cash and short-term investments and zero debt [21] Q&A Session Summary Question: Drivers of improvement in ARR - Key drivers included strong gross new ARR from cross-sell and upsell of Clean Room solutions, new logo activity, and lower customer churn [29][30] Question: Upsell opportunities in the second half - Management feels optimistic about upsell opportunities due to various growth levers, including Cross Media Intelligence and commerce media networks [31] Question: Implications of AI on business - The company has low exposure to the open web and sees high upside from AI, leveraging first and second-party data to enhance model effectiveness [33][34] Question: Macro-conservatism in revenue guidance - The guidance includes conservatism, particularly in variable revenue sources, with expectations of consistent macro conditions [35][36] Question: Mix of retail and CPG versus non-retail in incremental ARR - Growth is being seen in both retail and commerce media, with a focus on expanding partnerships beyond traditional retail [37][38]

Q3 2025 Highlights & Supplemental Information November 5, 2025 Forward-Looking Statements - Disclaimer Certain statements in this presentation are forward-looking statements, including our Q4 2025 and full-year 2025 guidance and our expectations for Realize, our new performance advertising platform. Forward-looking statements generally relate to future events including future financial or operating performance of Taboola.com Ltd. (the "Company"). In some cases, you can identify forward-looking statements by ...

Core View - Viewbix Inc. has entered into definitive agreements for the purchase and sale of approximately $3.0 million shares of common stock and pre-funded warrants, priced at a premium to the closing price on November 4, 2025 [1][5] Group 1: Transaction Details - The company will issue an aggregate of 800,000 units and pre-funded units, with common units priced at $3.75 per unit and pre-funded units priced similarly minus the pre-funded warrant exercise price of $0.0001 [3] - Each unit consists of one share of common stock and one common warrant exercisable at $5.625 per share, with a term of 5 years from issuance [3] - The closing of the private placement is expected in December 2025, subject to customary closing conditions and stockholder approval [4] Group 2: Use of Proceeds - Aggregate gross proceeds are expected to be approximately $3.0 million before deducting fees and expenses, with net proceeds intended for general corporate purposes, working capital, and debt repayment [5] Group 3: Company Overview - Viewbix operates in digital advertising through subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., focusing on search and digital content [8] - The company develops technological software solutions for automating, optimizing, and monetizing internet campaigns, aimed at acquiring and routing user traffic [8]

Core Viewpoint - Viewbix Inc. has signed a non-binding term sheet for the acquisition of Quantum X Labs Ltd., which will significantly enhance its capabilities in quantum computing and AI technologies [1][2]. Company Overview - Viewbix operates in the digital advertising sector through subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., focusing on search and digital content activities [5]. - The company develops technological software solutions for automating, optimizing, and monetizing internet campaigns, aiming to drive user traffic to its clients [5]. Acquisition Details - The acquisition will involve Viewbix acquiring 100% of Quantum X Labs' issued and outstanding share capital in exchange for shares of Viewbix's common stock and pre-funded warrants [2]. - The securities issued to Quantum X Labs' shareholders will represent 65% of Viewbix's total post-closing issued and outstanding share capital, which includes a concurrent PIPE financing of $3 million [2]. - The closing of the acquisition is anticipated in December 2025, pending due diligence, definitive agreements, regulatory approvals, and stockholder approval [4]. Quantum X Labs Profile - Quantum X Labs is a leading company in quantum computing and AI, focusing on quantum algorithmics and quantum physics [3]. - The company is recognized for its commitment to creating and retaining quantum innovations across various industries, supported by a diverse ecosystem of subsidiaries developing unique, patent-protected solutions [3].

Core Insights - Taboola reported strong third quarter results for 2025, exceeding guidance across all metrics, with CEO Adam Singolda highlighting the success of the Realize platform and ongoing share repurchase efforts [2][3]. Financial Performance - Revenues for Q3 2025 reached $496.8 million, a 14.7% increase from $433.0 million in Q3 2024, driven by a 4.4% growth in Scaled Advertisers and a 10.9% increase in Average Revenue per Scaled Advertiser [6][16]. - Gross Profit for Q3 2025 was $139.0 million, up 4.6% from $132.9 million in Q3 2024. Ex-TAC Gross Profit was $176.8 million, reflecting a 6.3% increase [6][16]. - Net Income improved to $5.2 million from a net loss of $6.5 million in the previous year, with Adjusted EBITDA at $48.2 million, a slight increase of 0.6% [6][16]. - Cash flow from operating activities was $53.2 million, compared to $49.8 million in Q3 2024, while Free Cash Flow increased to $46.3 million from $42.9 million [6][16]. Guidance - For Q4 2025, Taboola expects revenues between $532 million and $542 million, with full-year 2025 revenue guidance set at $1.914 billion to $1.932 billion [3][18]. - Gross profit guidance for Q4 2025 is projected between $166 million and $171 million, with full-year guidance of $550 million to $564 million [3][18]. - Adjusted EBITDA for Q4 2025 is expected to be between $83 million and $85 million, with full-year guidance of $209 million to $214 million [3][18]. Shareholder Actions - The company has repurchased 14% of its shares in 2025, indicating a commitment to returning value to shareholders [2][3].

Financial Data and Key Metrics Changes - The company reported Q3 revenue of $70 million, representing a 31% year-over-year increase after adjusting for the divestiture of Maximum Effort [13] - Gross margin increased to 79%, up from 72% in Q3 of 2024, reflecting a 720 basis point improvement [14] - Adjusted EBITDA was $16 million, a 52.9% increase from $10.5 million in Q3 of 2024, with an adjusted EBITDA margin of 22.8% [16] Business Line Data and Key Metrics Changes - The Performance TV business averaged 39% year-over-year growth over the past six quarters [9] - The number of active Performance TV customers grew by 67% year-over-year, reaching 3,316 [15] - The average revenue per user (ARPU) for Q3 was $20,904, consistent with expectations [15] Market Data and Key Metrics Changes - The company is focused on small and medium-sized businesses, which now account for 15% of revenue, up from 6% in Q4 of the previous year [30] - The expansion rate for existing customers remains well above 115%, indicating strong customer retention and increased spending [15] Company Strategy and Development Direction - MNTN aims to democratize television advertising for small and medium-sized businesses, which have historically been excluded from TV advertising [3][4] - The company has built a self-serve platform that allows advertisers to launch and manage campaigns across over 200 premium streaming networks [5][11] - The introduction of QuickFrame AI is expected to lower creative costs and accelerate the ad creation process, enhancing customer engagement [8][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's momentum and the underlying health of the business, expecting Q4 revenue between $85.5 million and $86.5 million, representing a 34% year-over-year growth rate at the midpoint [17] - The company anticipates continued growth in the performance TV market, driven by increased customer adoption and improved marketing efficiency [19][20] Other Important Information - The company ended Q3 with $179 million in cash and cash equivalents and no debt outstanding [16] - The divestiture of Maximum Effort has positively impacted gross margins, contributing to the overall financial performance [14][42] Q&A Session Summary Question: What is driving the high growth rate in CTV? - Management highlighted accelerating new customer growth, improved targeting technology, and the launch of QuickFrame AI as key drivers of growth [19][20] Question: What impact do you expect from the QuickFrame AI launch? - QuickFrame AI is expected to shorten the time to go live for customers, lower creative costs, and increase the volume of creative produced [22][23] Question: Can you discuss the Q4 revenue guidance and its drivers? - The guidance reflects strong seasonal performance and ongoing customer acquisition efforts, with expectations for continued growth in the business [25][26] Question: How is the agency business performing? - The agency channel has grown organically, with a dedicated team now in place to support independent agencies focused on performance marketing [32][36] Question: What role do SSP partnerships play in your strategy? - SSP partnerships help fill gaps in supply relationships and enhance access to premium content, which is crucial for customer satisfaction [38][39]