Outbrain Q2 2024 Earnings Report

Outbrain EPS Results

• Actual EPS: -$0.04
• Consensus EPS: -$0.06
• Beat/Miss: Beat by +$0.02
• One Year Ago EPS: -$0.08

Outbrain Revenue Results

• Actual Revenue: $214.15 million
• Expected Revenue: $55.30 million
• Beat/Miss: Beat by +$158.85 million
• YoY Revenue Growth: N/A

Outbrain Announcement Details

• Quarter: Q2 2024
• Date: 8/8/2024
• Time: Before Market Opens

Outbrain (NASDAQ:OB), together with its subsidiaries, operates a technology platform that connects media owners and advertisers with engaged audiences to drive business outcomes worldwide. It offers a suite of solutions for media owners that facilitates content discovery and monetization for its media partners on their own sites; Onyx by Outbrain, a branding platform; AI platform that delivers customized experiences; engaging video experiences for publisher audience development and advertiser purposes; tools and services to promote organic editorial experiences to their audiences, enhancing audience engagement, recirculation, and monetization opportunities; and Keystone by Outbrain technology that extends ad server optimization. The company also provides advertising solutions for advertisers, including ad experiences, such as standard native, carousel and app install ads, outstream video, contextual pre-roll video, and high-impact display; AI-powered prediction engines; Conversion Bid Strategy tool that uses engagement data and machine learning to optimize bid strategies to hit the advertiser's desired campaign goals; data comprising targeting offerings based on consumer interest segments, as well as complex offerings that predict audience characteristics based on contextual and interest data; Outbrain platform, which enables advertisers to optimize campaign goals, engagement, and delivering other measurable business outcomes; and full-stack buying solutions. Outbrain Inc. was incorporated in 2006 and is headquartered in New York, New York.