secwatch.observer — SEC 8-K summary
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Issuer:     Teads Holding Co. (TEAD)
CIK:        0001454938
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001171843-22-005591
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Outbrain Q2 2022 revenue up 2% to $250.9M but net loss of $10.3M vs profit a year ago
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- Revenue $250.9M (+2% YoY, +6% constant currency); gross profit $48.7M, down 18% YoY.
- Net loss of $10.3M vs net income $15.2M in Q2 2021; adjusted EBITDA $5.9M, down 76%.
- Ex-TAC gross profit $59.3M, down 11% YoY; free cash flow negative $8.9M vs positive $16.5M.
- Repurchased 2.34M shares for $12.6M under $30M program; cash $391.4M at quarter end.
- Cost savings initiatives expected to deliver additional $12M savings in H2 2022 vs prior guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1454938/000117184322005591/0001171843-22-005591-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1454938/000117184322005591/f8k_081122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005591

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer