NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that it has repurchased all of the remaining $118 million in aggregate principal amount of the 2.95% Convertible Senior Notes due 2026 (the "Convertible Notes") via a privately negotiated repurchase agreement with Baupost Group Securities, L.L.C., the sole holder of the Convertible Notes. The Company paid, including a ...

Outbrain Inc. (NASDAQ:OB) Q2 2024 Earnings Call August 8, 2024 8:30 AM ET Company Participants David Kostman - Chief Executive Officer Jason Kiviat - Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Laura Martin - Needham James Heaney - Jefferies Zach Cummins - B. Riley Operator Good day, and welcome to Outbrain, Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I’d like to turn the call over to Outb ...

Outbrain Inc. (OB) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.10, delivering a surprise of 28.57%. Over the last four quarters, the company has surpassed con ...

Highlights: Outbrain will acquire Teads in an approximately $1 billion transaction, consisting of $725 million upfront cash and $25 million deferred cash, 35 million shares of common stock of Outbrain, and $105 million of convertible preferred equity. The combination will create one of the largest open internet advertising platforms, differentiated by its ability to drive outcomes for awareness, consideration, and performance objectives — across CTV, web and mobile apps. The two companies will bring togethe ...

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB) announced today that the company will release its second quarter 2024 results before the market opens on Thursday, August 8, 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 and ...

Bottom Line Outbrain Inc. (OB) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating sys ...

NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Outbrain, a leading technology platform that drives business results by engaging people across the open internet, today announced the appointment of Greg Archibald as General Manager & Senior Vice President of Sales for the United States. In this role, Archibald will oversee all agency and brand demand functions in the US, with a focus on driving revenue, adoption, and retention of Outbrain's high-impact performance advertising solutions, including the open intern ...

Prior to joining Outbrain, Archibald served as Senior Vice President of Americas Media for InMobi, where he led revenue operations for the region. He previously spent over three years at Criteo as Executive Vice President for the Americas, developing and executing growth strategies that significantly increased market share and revenue. Forward-Looking Statements Archibald brings over two decades of experience leading high-performing sales teams for companies including Criteo, Yahoo, and InMobi. His strategi ...

Moreover, the momentum for OB is fast paced, as the stock currently has a beta of 1.37. This indicates that the stock moves 37% higher than the market in either direction. Given this price performance, it is no surprise that OB has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success. Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this s ...

Table of Contents 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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-40643 Outbrain Inc. (Exact name of registrant as specified in its charter) Delaware 20-5391629 (State ...