Revenue ex-TAC definition
Revenue ex-TAC as to a particular period means Revenue less TAC as determined by the Company and reflected in its reporting of financial results.
Revenue ex-TAC as to a particular year means the Company’s worldwide GAAP Revenue less TAC for such year, as determined by the Company and reflected in its reporting of financial results.
Revenue ex-TAC as to a particular year means the Company’s worldwide GAAP Revenue less TAC that has been recorded as a cost of revenue for such year, as determined by the Company and reflected in its reporting of financial results.
Examples of Revenue ex-TAC in a sentence
Performance Year Vesting Date 2015 January 26, 2016 • For the Performance Year, the “Performance Metrics” and “Weightings” shall be as follows: GAAP Revenue (one-third), Revenue ex-TAC (one-third), and Adjusted EBITDA (one-third).