Outbrain (OB) Reports In-Line Q4 EPS; offers guidance

Outbrain (NASDAQ: OB) reported Q4 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $248.2 million versus the consensus estimate of $251.98 million.

GUIDANCE

2024 Full Year and First Quarter Guidance

The following forward-looking statements reflect our expectations for 2024.

For the first quarter ending March 31, 2024, we expect:

Ex-TAC gross profit of $50.5 million to $53.5 million
Adjusted EBITDA of $(1) million to $1 million

For the full year ending December 31, 2024, we expect:

Ex-TAC gross profit of $238 million to $248 million

Adjusted EBITDA of $30 million to $35 million

For earnings history and earnings-related data on Outbrain (OB) click here.

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