Outbrain Announces First Quarter 2025 Results
From GlobeNewswire: 2025-05-09 06:30:00
Outbrain Inc. (Nasdaq: OB) reported financial results for the quarter ending March 31, 2025. Revenue increased by 32% to $286.4 million, with gross profit up by 99% to $82.7 million. However, the company reported a net loss of $54.8 million. Adjusted EBITDA was $10.7 million, a significant increase from the previous year. Outbrain completed the acquisition of Teads for approximately $900 million. The combined company is operating under the new Teads brand, expecting to realize $65-75 million in synergies in 2026. Additionally, the company launched new strategic partnerships with major brands and saw strong growth in CTV and Moments vertical video offerings.
Read more at GlobeNewswire: Outbrain Announces First Quarter 2025 Results