---
schema_version: "secwatch.filing_event.v1"
accession: "0001454938-23-000149"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:36:29.317871+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Outbrain Q3 Ex-TAC gross profit $56.8M (+8% YoY), Adj EBITDA $10.3M, guides Q4 $59-64M Ex-TAC

## Summary
- Revenue $230M (flat YoY); net income $0.5M vs loss of $4.6M prior year.
- Ex-TAC gross profit $56.8M (+8% YoY), driven by new media partners and improved performance.
- Adjusted EBITDA $10.3M (up from $1.7M), above high end of guidance; free cash flow $1.8M.
- Q4 guidance: Ex-TAC gross profit $59-64M, Adjusted EBITDA $13-17M.
- Stock repurchase: $30M authorized, $12.7M used, $17.5M remaining as of Sept 30.

## SEC filing metadata
- accession: 0001454938-23-000149
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/0001454938-23-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/outbrain-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001454938-23-000149
- JSON: https://secwatch.observer/filing/0001454938-23-000149.json
- Plain text: https://secwatch.observer/filing/0001454938-23-000149.txt

## Key facts
- Earnings Releases
  Teads Holding Co. reported the quarter ended September 30, 2023 results: revenue $230.0 million, net income $0.5 million.
  - Period: the quarter ended September 30, 2023
  - Revenue: $230.0 million
  - Net income: $0.5 million
  - Result: reported results
  source text: 62 % Free cash flow 1.8 (15.8) 111 % (27.5) (33.6) 18 % _____________________________ * See non-GAAP reconciliations below Third Quarter 2023 Financial Results • Revenue of $230.0 million, an increase of $1.0 million, compared to $229.0 million in the prior year period, including net favorable foreign currency effects of approximately $5.1 million. The reported
  evidence_url: https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/0001454938-23-000149-index.htm
- Earnings Releases
  Teads Holding Co. updated its the fourth quarter ending December 31, 2023 guidance (initiated).
  - Period: the fourth quarter ending December 31, 2023
  - Guidance: initiated
  - Result: guidance update
  source text: 2023 Fourth Quarter Guidance For the fourth quarter ending December 31, 2023, we expect: • Ex-TAC gross profit of $59 million to $64 million • Adjusted EBITDA of $13 million to $17 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/0001454938-23-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.