Outbrain Q2 revenue down 5% to $214M; Adj EBITDA up 112% to $7.4M; Teads acquisition announced

Teads Holding Co.

2024-Q1 EPS reported -$0.15 revenue$431,112,000

Q2 revenue $214.1M (-5% YoY); Ex-TAC gross profit $56.0M (+3%), in line with high end of guidance.
Adjusted EBITDA $7.4M (beat guidance, +112% YoY); net loss $2.2M vs income $11.3M (includes $3.2M acquisition costs).
Cash & marketable securities $228.9M, convertible notes $118.0M; free cash flow positive $0.3M.
Aug 1: agreed to acquire Teads for ~$1B ($725M cash + $25M deferred + 35M shares + $105M preferred); close Q1 2025.
RPM growth 3rd consecutive quarter; Zemanta DSP spend up ~50% H1 2024 vs H1 2023; Onyx rebooking rate 40%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.