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Stock impact report

Outbrain Announces First Quarter 2024 Results [Yahoo! Finance]

Outbrain Inc. (OB) 
Last outbrain inc. earnings: 8/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended March 31, 2024. First Quarter Key Financial Metrics: Three Months Ended March 31, (in millions USD) % Change Revenue Gross profit Net loss Net cash provided by (used in) operating activities Non-GAAP Financial Data Ex-TAC gross profit — Adjusted EBITDA Free cash flow _____________________________ See non-GAAP reconciliations below “We're pleased to announce that in the first quarter of 2024 we executed on our strategy to provide a true cross-funnel advertising platform to service the $100 billion Open Internet advertising market. We saw strong participation of brand and agency spend on our platform, including our Onyx brand-building solution,” said David Kostman, CEO of Outbrain. “In addition, we continue to see solid premium Show less Read more
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