Outbrain (OB)

Search documents
Outbrain Shareholders Vote to Support Teads Acquisition
GlobeNewswire News Room· 2024-12-05 21:10
Core Points - Outbrain Inc. announced the approval of the issuance of 35 million shares of common stock and 10.5 million Series A Convertible Preferred Shares for the acquisition of Teads S.A. [1][2] - The transaction is expected to close in the first quarter of 2025, pending customary closing conditions and regulatory approvals [1][3] - Over 64% of outstanding shares were present at the special meeting, with more than 99% voting in favor of the Share Issuance Proposal [3] Company Overview - Outbrain is a technology platform that engages users across the Open Internet, utilizing AI and machine learning to drive measurable outcomes for advertisers and publishers [7] - The company operates globally across more than 8,000 online properties and has been in operation since 2006, with headquarters in New York and offices in various regions [7]
Is Outbrain (OB) Outperforming Other Business Services Stocks This Year?
ZACKS· 2024-12-04 15:40
Company Performance - Outbrain Inc. has returned 36.1% year-to-date, outperforming the average return of 25.6% for the Business Services sector [4] - The Zacks Consensus Estimate for Outbrain's full-year earnings has increased by 220% in the past quarter, indicating improved analyst sentiment [4] - Outbrain Inc. currently holds a Zacks Rank of 1 (Strong Buy), suggesting a positive outlook for the stock [3] Industry Comparison - Outbrain Inc. is part of the Technology Services industry, which has an average year-to-date return of 59.3%, indicating that Outbrain is slightly underperforming its industry [6] - In contrast, Genpact, another stock in the Business Services sector, has a year-to-date return of 31.5% and a Zacks Rank of 2 (Buy) [5] - The Outsourcing industry, to which Genpact belongs, has seen a year-to-date increase of 27.2% [6] Sector Ranking - The Business Services sector, which includes 305 companies, is currently ranked 6 in the Zacks Sector Rank [2] - The Zacks Rank system evaluates the strength of sector groups based on the average Zacks Rank of individual stocks [2]
Why Fast-paced Mover Outbrain (OB) Is a Great Choice for Value Investors
ZACKS· 2024-11-22 14:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Outbrain (OB) - 2024 Q3 - Earnings Call Transcript
2024-11-08 23:05
Outbrain Inc. (NASDAQ:OB) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants David Kostman - Chief Executive Officer Jason Kiviat - Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to Outbrain Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I'd now ...
Outbrain (OB) - 2024 Q3 - Quarterly Report
2024-11-07 21:13
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.001 per share OB The Nasdaq Stock Market LLC Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☒ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended Sept ...
Outbrain Inc. (OB) Beats Q3 Earnings Estimates
ZACKS· 2024-11-07 13:56
Outbrain Inc. (OB) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 450%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced break-even earnings, delivering a surprise of 100%.Over the last four quarters, the company has surp ...
Outbrain (OB) - 2024 Q3 - Quarterly Results
2024-11-07 11:52
Third Quarter 2024 Key Financial Metrics: Outbrain Announces Third Quarter 2024 Results Reports strong quarter, achieving Q3 guidance on Ex TAC gross profit, exceeding Adjusted EBITDA expectations; improved margins and profitability, and generating positive cash flow for 5th consecutive quarter Increases outlook for Adjusted EBITDA for FY 2024 New York – November 7, 2024 — Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, anno ...
Outbrain Announces Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 11:30
Reports strong quarter, achieving Q3 guidance on Ex TAC gross profit, exceeding Adjusted EBITDA expectations; improved margins and profitability, and generating positive cash flow for 5th consecutive quarter Increases outlook for Adjusted EBITDA for FY 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended September 30, 2024. Th ...
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Outbrain Inc. – OB
GlobeNewswire News Room· 2024-11-06 16:12
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Outbrain Inc. (NASDAQ: OB), relating to its proposed merger with Teads S.A. Under the terms of the agreement, Outbrain will acquire Teads in exchange for a cash payment of $725 million, s ...
Outbrain to Release Third Quarter 2024 Financial Results on November 7, 2024
GlobeNewswire News Room· 2024-10-24 12:00
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB) announced today that the company will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook. The conference call can be accessed live over the phone by dialing 1-866-682-6100 or for international callers, 1-862-298-0702. A replay will be available two hours after the call an ...