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.

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