Outbrain Inc reports results for the quarter ended in December - Earnings Summary

Teads Holding

02/03/2023 14:35

* Outbrain Inc  OB.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 10.9% to $257.97 million from a year ago;
analysts
expected $251.28 million. 
    * Outbrain Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Outbrain Inc shares had risen by 18.8% this quarter.
    * The company reported a quarterly loss of $7.75 million.
    * Wall Street's median 12-month price target for Outbrain
Inc is
$5.65 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 02:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.04          -0.14          Missed
 Sep. 30 2022      -0.15          -0.10          Beat
 Jun. 30 2022      -0.04          -0.19          Missed
 Mar. 31 2022      0.00           0.00           Met