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

Teads Holding

09/05/2023 14:33

* Outbrain Inc  OB.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue fell 8.8% to $231.77 million from a year ago;
analysts
expected $224.58 million. 
    * Outbrain Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 150.2% 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 fallen by 10.4% this quarter and
gained 2.2% so far this year.
    * The company reported a quarterly loss of $5.61 million.
    * Wall Street's median 12-month price target for Outbrain
Inc is
$5.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.13          -0.09          Beat
 Dec. 31 2022      -0.04          -0.14          Missed
 Sep. 30 2022      -0.15          -0.10          Beat
 Jun. 30 2022      -0.04          -0.19          Missed