---
schema_version: "secwatch.filing_event.v1"
accession: "0001454938-24-000155"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:48:54.817115+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001454938-24-000155
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000155/0001454938-24-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000155/outbrain-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001454938-24-000155
- JSON: https://secwatch.observer/filing/0001454938-24-000155.json
- Plain text: https://secwatch.observer/filing/0001454938-24-000155.txt

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