---
schema_version: "secwatch.filing_event.v1"
accession: "0001454938-24-000071"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:26:20.044199+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Outbrain Q1 revenue $217M (-6% YoY); net loss narrows to $5M; positive FCF

## Summary
- Revenue $217.0M, down 6% YoY; gross profit $41.6M, up 1%; net loss $5.0M vs $5.6M.
- Adjusted EBITDA $1.4M (vs $0.7M); free cash flow positive $4.6M (vs -$27.1M).
- Brand/agency direct spend >$100M, 40% of advertiser spend; Zemanta DSP spend +40% YoY.
- Automated bidding tools used by 89% of spend; AI creative tools adoption doubled from Q4 2023.
- Repurchased 945,947 shares for $3.9M; remaining repurchase authorization $8.6M.

## SEC filing metadata
- accession: 0001454938-24-000071
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000071/0001454938-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000071/outbrain-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001454938-24-000071
- JSON: https://secwatch.observer/filing/0001454938-24-000071.json
- Plain text: https://secwatch.observer/filing/0001454938-24-000071.txt

## Key facts
- Earnings Releases
  Teads Holding Co. reported the quarter ended March 31, 2024 results: revenue $217.0 million, net income $5.0 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $217.0 million
  - Net income: $5.0 million
  - Result: reported results
  source text: of our AI Creative Tools nearly doubled from Q4 2023 to Q1 2024, with 14% of our customer base utilizing Creative AI tools. First Quarter 2024 Financial Highlights: • Revenue of $217.0 million, a decrease of $14.8 million, or 6%, compared to $231.8 million in the prior year period. • Gross profit increased to $41.6 million, compared to $41.2 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000071/0001454938-24-000071-index.htm

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