Outbrain up on revenue beat for third quarter

Teads Holding

11/11/2021 14:47

** Web recommendation company  OB.O  up nearly 2% at $17.09
    ** Co reports Q3 revenue of $250.8 mln, above Refinitiv IBES
est. of $241.4 mln  urn:newsml:reuters.com:*:nGNX55h9j9
    ** Strong growth helped by strong retention among existing
media partners, OB says
    ** Stock has a consensus "buy" rating on stock, with a
median PT of $25
    ** OB's stock opened at $20/shr in July

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))