Outbrain (OB) Tops Q3 EPS by 8c ; Provides Outlook

Outbrain (NASDAQ: OB) reported Q3 EPS of $0.11, $0.08 better than the analyst estimate of $0.03. Revenue for the quarter came in at $224.2 million versus the consensus estimate of $228.37 million.

Fourth Quarter Guidance

The following forward-looking statements reflect our expectations for the fourth quarter of 2024.

For the fourth quarter ending December 31, 2024, we expect:

Ex-TAC gross profit of $67.5 million to $72.5 million; reflecting an adjusted full year range of approximately $235.3 million to $240.3 million
Adjusted EBITDA of $15.0 million to $18.5 million; reflecting an adjusted full year range of approximately $35.3 million to $38.8 million

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

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• LogicBio Therapeutics (LOGC) Misses Q2 EPS by 10c
• Metalla Royalty & Streaming Ltd. (MTA) Reports In-Line Q2 EPS