earnings
confidence high
sentiment positive
materiality 0.75
Outbrain Q1 revenue $286M (+32% YoY); Teads acquisition drives growth; CTV >100% YoY
Teads Holding Co.
2025-Q1 EPS reported
-$0.70
revenue$286,357,000
- Revenue $286.4M (+32% YoY); Ex-TAC gross profit $103.1M (+98%); Adjusted EBITDA $10.7M vs $1.4M.
- Net loss $54.8M including $16.4M acquisition costs, $15.6M impairment, $7.3M restructuring.
- Closed Teads acquisition Feb 2025 for ~$900M ($625M cash + 43.75M shares); combined company now Teads.
- CTV revenue grew >100% YoY, ~5% of ad spend; synergies ~$40M in 2025 (increased), ~$65-75M in 2026.
- Issued $637.5M 10% senior secured notes due 2030; new $100M revolver; cash $155.9M.