Brief: Outbrain Announces Fourth Quarter And Full Year 2021 Results

Teads Holding

01/03/2022 11:56

March 1 (Reuters) - Outbrain Inc  OB.O :
    * OUTBRAIN ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021
RESULTS
    * Q4 REVENUE $290 MILLION
    * QTRLY EARNINGS PER SHARE $0.58
    * QTRLY ADJUSTED DILUTED EPS $0.20
    * ON FEB 28, 2022, AUTHORIZED A NEW $30 MILLION SHARE
REPURCHASE
PROGRAM WHICH IS EXPECTED TO BE FUNDED THROUGH CASH GENERATED
FROM OPERATIONS
    * SEES 2022 ADJUSTED EBITDA OF $94.0 MILLION TO $103.0
MILLION
    * SEES Q1 2022 ADJUSTED EBITDA OF $8.0 MILLION TO $9.0
MILLION

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