Outbrain

Outbrain, Inc. engages in the development and operation of a recommendation platform powering the open web. Its platform brings online, mobile, and video content to audiences while helping publishers understand their audiences through data. The company was founded by Yaron Michael Galai and Ori Lahav in 2006 and is headquartered in New York, NY.

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Outbrain exceeds earnings expectations, eyes growth amid industry challenges

Outbrain's strong performance in Q4 2022 and full year '22, with a focus on partnerships, market share gains, and technology-driven solutions.
Challenges include advertiser softness, seasonality impact, and competition, while opportunities lie in strategic acquisitions, market recovery, and publisher caution.
The company remains disciplined in cost management, focused on core growth, and poised to capitalize on evolving industry dynamics and customer needs.
Overall, Outbrain's outlook for 2023 is cautiously optimistic, emphasizing efficiency, innovation, and adaptability in a competitive advertising landscape.

Outbrain surpasses Q1 expectations, focuses on AI and partnerships

Outbrain exceeded Q1 guidance, showcasing strong performance with extra gross profit and positive adjusted EBITDA. The company's strategic partnerships and AI technologies are key strengths driving growth and cost savings.
While facing challenges in the uncertain macro environment and demand trends, Outbrain is focused on maintaining cost discipline and capitalizing on industry shifts. Opportunities lie in the video business growth, AI technologies, and premium publisher wins.
Overall, Outbrain's performance reflects resilience and adaptability in navigating market challenges while leveraging strengths in partnerships, AI technologies, and strategic initiatives. The company is well-positioned to capitalize on opportunities for growth and efficiency.

Outbrain surpasses Q2 targets with Onyx launch driving growth

Outbrain's Q2 performance exceeded expectations with strong revenue and EBITDA. Onyx and generative AI present growth opportunities in advertising. Challenges include managing cash for acquisitions and addressing analyst queries.

Outbrain surpasses Q3 expectations, faces Q4 challenges amid geopolitical uncertainties

Outbrain's Q3 performance exceeded expectations, but challenges from macro uncertainties and Middle East events are impacting Q4 outlook, requiring strategic adjustments for profitability and cash flow generation.
Investments in AI and automation capabilities showcase Outbrain's commitment to innovation and improving ad performance, while opportunities in premium partnerships and differentiated ad offerings position them for growth in 2024.
The launch of the Onyx brand platform and positive results with brand advertisers present opportunities for driving brand awareness and performance, despite near-term challenges in the operating environment.

Outbrain meets Q4 guidance, eyes growth in strategic investments

Outbrain's Q4 performance met guidance, showing growth in key financial metrics. The company's strengths lie in its market positioning, successful platform, and focus on data and contextual advertising. Challenges include revenue decline and intense competition. Opportunities exist in expanding offerings, growing partnerships, and capitalizing on market shifts.

Outbrain exceeds Q1 earnings expectations, poised for strategic growth

Outbrain's Q1 2024 earnings call showcased strong financial performance, strategic initiatives, and positive outlook for growth, underpinned by key revenue drivers and successful partnerships.
The company's emphasis on consumer privacy, premium quality, and innovation in AI tools positions it well for continued success in the digital advertising landscape.
While facing challenges in a competitive market, Outbrain's focus on expanding offerings and driving measurable outcomes presents opportunities for sustained growth and market leadership.

Outbrain exceeds Q3 EBITDA guidance, eyes growth amid revenue challenges

Outbrain's Q3 performance showcased strong financials with exceeded EBITDA guidance and positive free cash flow, despite a slight revenue decline.
The company's strategic strengths include expanding advertiser relationships, innovative product launches, and consistent financial stability.
Challenges ahead include revenue growth strategies, AI integration impacts, and meeting Q4 financial guidance targets.
Opportunities for Outbrain include further market expansion, deepening partnerships, leveraging AI, and capitalizing on upcoming integrations for growth.

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Outbrain, Inc. engages in the development and operation of a recommendation platform powering the open web. Its platform brings online, mobile, and video content to audiences while helping publishers understand their audiences through data. It operates through the following segment: USA, Europe, The Middle East and Africa, and Others. The company was founded by Yaron Michael Galai and Ori Lahav in 2006 and is headquartered in New York, NY.

Outbrain elevates Yonatan Maman to Chief Technology Officer and announces the appointment of Zemanta founder Andraz Tori as its first Chief Product Officer Outbrain elevates Yonatan Maman to Chief Technology Officer and announces the appointment of Zemanta founder Andraz Tori as its first Chief Product Officer

Outbrain Bolsters Senior Team with Two C-Suite Appointments

NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, announced today that the company will release its first quarter 2023 results before the market opens on Tuesday, May 9, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook.

Outbrain to Release First Quarter 2023 Financial Results on May 9, 2023

NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, announced today that it has repurchased $118 million in aggregate principal amount of the 2.95% Convertible Senior Notes due 2026 (the “Convertible Notes”) via a privately negotiated repurchase agreement with Baupost Group Securities, L.L.C., the sole holder of the Convertible Notes. The Company paid, including accrued interest, approximately $96 million in cash representing a 19% discount to par value. As a result, Outbrain will record a pre-tax gain of approximately $22 million in the second quarter of 2023.

Outbrain announces partial repurchase of 2.95% Convertible Senior Notes due 2026

NEW YORK, March 11, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, is providing the following statement regarding the events surrounding Silicon Valley Bank (“SVB”):

Outbrain Issues Statement Regarding the Events Surrounding Silicon Valley Bank

Outbrain Inc. (OB) delivered earnings and revenue surprises of -366.67% and 2.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Outbrain Inc. (OB) Reports Q4 Loss, Tops Revenue Estimates

NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter and full year ended December 31, 2022.

Outbrain Announces Fourth Quarter and Full Year 2022 Results

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, announced today that the company will release its fourth quarter and full year 2022 results before the market opens on Thursday, March 2, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook.

Outbrain to Release Fourth Quarter and Full Year 2022 Financial Results on March 2, 2023

NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, today announced the Company's Board of Directors approved a new stock repurchase program under which the Company is authorized to purchase up to $30 million of the Company's common stock with no requirement to purchase any minimum number of shares.

Outbrain Board of Directors Authorizes Share Repurchase Program

Outbrain Inc. (OB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Outbrain Inc. (OB) a New Buy Stock

Outbrain Inc. (NASDAQ:OB ) Q3 2022 Earnings Call Transcript November 10, 2022 8:30 AM ET Company Participants Anthony Erasmus - Investor Relations David Kostman - Co-Chief Executive Officer Yaron Galai - Co-Founder & Chief Executive Officer Jason Kiviat - Chief Financial Officer Conference Call Participants Laura Martin - Needham Ross Sandler - Barclays Andrew Boone - JMP Securities Shweta Khajuria - Evercore ISI Operator Good morning, and welcome to Outbrain Incorporated Third Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode.

Outbrain Inc. (OB) Q3 2022 Earnings Call Transcript

Outbrain Inc. (OB) delivered earnings and revenue surprises of 54.55% and 5.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Outbrain Inc. (OB) Reports Q3 Loss, Tops Revenue Estimates

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended September 30, 2022.

Outbrain Announces Third Quarter 2022 Results

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, announced today that the company will release its third quarter 2022 results before the market opens on Thursday, November 10, 2022, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook.

Outbrain to Release Third Quarter 2022 Financial Results on November 10, 2022

Outbrain offers a recommendation technology for readers to discover new things on the open web. The company claims to be the largest online advertising platform on the open web with close to 1 billion monthly unique users in 2021 and 10 billion recommendations to content.

Outbrain: Enhancement Of Algorithms And Stock Buyback Could Bring The Price Up

Outbrain Adds Another 1.1 Billion Monthly Pageviews to its Supply Footprint Outbrain Adds Another 1.1 Billion Monthly Pageviews to its Supply Footprint

dmg media Selects Outbrain as Exclusive Recommendation Partner

New business line uses proprietary bidding and optimization AI technology to activate revenue streams beyond advertising New business line uses proprietary bidding and optimization AI technology to activate revenue streams beyond advertising

Outbrain Releases Keystone: A Holistic Business Optimization Platform for Media Owners

NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today that its management team will participate in the following upcoming investor conferences:

Outbrain to Participate at Upcoming Investor Conferences

PALO ALTO, Calif.--(BUSINESS WIRE)---- $OB #CMO--Miko Levy's addition as CMO represents Duda's continued dedication to its quality website-building experience and further expanding its customer base.

Duda Welcomes New CMO to Reach New Agency and SaaS Audiences

The online content-distribution expert posted solid sales but disappointing earnings in the second quarter.

Why Outbrain's Stock Crashed on Thursday

Outbrain, Inc. (NASDAQ:OB ) Q2 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants Anthony Erasmus - IR Yaron Galai - Co-Founder & CEO David Kostman - Co-CEO Jason Kiviat - CFO Conference Call Participants Ross Sandler - Barclays Andrew Boone - JMP Securities Shweta Khajuria - Evercore Laura Martin - Needham Operator Good morning, and welcome to Outbrain, Inc.'s Second Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode.

Outbrain's (OB) CEO Yaron Galai on Q2 2022 Results - Earnings Call Transcript

NEW YORK, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended June 30, 2022.

Outbrain Announces Second Quarter 2022 Results

NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, announced today that the company will release its second quarter 2022 results before the market opens on Thursday, August 11, 2022, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook.

Outbrain to Release Second Quarter 2022 Financial Results on August 11, 2022

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB) today announced its Chief Financial Officer, Elise Garofalo, will step down after serving in the role for over eight years, effective June 30, 2022, and will remain employed by the Company as a special advisor to the CEO and new CFO through the end of 2022. Jason Kiviat, CPA, the Company's current Vice President, FP&A and Investor Relations, has been named Ms. Garofalo's successor as Chief Financial Officer, effective July 1, 2022.

Elise Garofalo to Step Down as Outbrain CFO After 8 Years; Jason Kiviat, Outbrain VP, FP&A & Investor Relations, appointed as CFO

Outbrain Inc. (NASDAQ:OB ) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET Company Participants Yaron Galai - Co-Founder And Co-CEO David Kostman - Co-CEO Elise Garofalo - Chief Financial Officer Jason Kiviat - Sr. Director, FP&A Conference Call Participants Andrew Boone - JMP Securities Shweta Khajuria - Evercore ISI Laura Martin - Needham Ross Sandler - Barclays Operator Greetings, and welcome to Outbrain, Inc., First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Outbrain Inc. (OB) CEO Yaron Galai on Q1 2022 Results - Earnings Call Transcript

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended March 31, 2022.

News for Outbrain Stock (OB)