OB Stock Recent News

New Solution Delivers Greater Engagement for Publishers and Opportunity for Brands to Drive More Attention New Solution Delivers Greater Engagement for Publishers and Opportunity for Brands to Drive More Attention

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that it has repurchased all of the remaining $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, $109.7 million in cash representing a discount to par value of approximately 7.5%. As a result, Outbrain will record a pre-tax gain of approximately $8.8 million in the third quarter of 2024.

Outbrain Inc. (NASDAQ:OB ) Q2 2024 Earnings Call August 8, 2024 8:30 AM ET Company Participants David Kostman - Chief Executive Officer Jason Kiviat - Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Laura Martin - Needham James Heaney - Jefferies Zach Cummins - B. Riley Operator Good day, and welcome to Outbrain, Inc. Second Quarter 2024 Earnings Conference Call.

Outbrain Inc. (OB) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.08 per share a year ago.

Reports strong quarter, achieving high end Q2 guidance on Ex TAC gross profit, beating on Adjusted EBITDA, improving margins and profitability, and generating positive cash flow for 4th consecutive quarter Reports strong quarter, achieving high end Q2 guidance on Ex TAC gross profit, beating on Adjusted EBITDA, improving margins and profitability, and generating positive cash flow for 4th consecutive quarter

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Outbrain Inc. (NASDAQ: OB) and Teads is fair to Outbrain shareholders. In connection with the proposed transaction, Outbrain will issue 35 million shares of Outbrain common stock. Halper Sadeh encourages Outbrain shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper.

Company will combine performance and omnichannel video offerings to become the preferred destination to drive full-funnel marketing outcomes across the entire consumer journey Company will combine performance and omnichannel video offerings to become the preferred destination to drive full-funnel marketing outcomes across the entire consumer journey

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB) announced today that the company will release its second quarter 2024 results before the market opens on Thursday, August 8, 2024, 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 (OB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Veteran AdTech Executive to Drive Revenue Growth and Expansion in the US Veteran AdTech Executive to Drive Revenue Growth and Expansion in the US