Highest-materiality recent filing
Teads Q2 revenue down 17% YoY, net loss widens; suspends FY 2026 guidance
Revenue $284.6M (-17% YoY); net loss $42.5M vs $14.3M loss in Q2 2025.
Teads files antitrust lawsuit against Google seeking damages for ad tech monopolization
Filed lawsuit in SDNY against Google LLC and Alphabet Inc. seeking financial damages and injunctive relief.
Teads regains Nasdaq minimum bid price compliance; delisting risk removed
Nasdaq confirmed closing bid price at or above $1.00 for 10 consecutive business days (May 18–June 4, 2026).
Teads stockholders approve reverse stock split; board authorized ratio 1:5–1:25
Elected Dexter Goei, Yaffa Krindel, Mark Mullen, Arne Wolter as Class II directors; each received >64M votes for.
Teads Q1 2026 revenue falls 7% to $266M; adjusted EBITDA down 93% to $0.8M
Revenue of $266.0M, down 7% YoY from $286.4M; gross profit up 1% to $83.6M.
Teads Q4 revenue up 50% to $352M, net loss $428M on $352M goodwill impairment
Q4 revenue $352.2M (+50% YoY), gross profit $120.4M (+115%), driven by acquisition of Legacy Teads.
Teads receives Nasdaq deficiency notice for bid price below $1.00 for 30 days
Notice received Dec 22, 2025; closing bid price under $1.00 for 30 consecutive business days.
Teads announces restructuring plan affecting 10% of workforce, targeting $35-40M in annual savings
Restructuring plan impacts ~10% of global employees; expected charges of $8-12M, mostly cash for severance.
Teads Q3 revenue up 42% to $318.8M but net loss $19.7M; CEO admits miss
Revenue $318.8M (+42% YoY); gross profit $105.7M (+116%); net loss $19.7M vs prior year net income $6.7M.
Teads Q2 revenue $343M (+60% YoY); CTV revenue up >80%; net loss widens to $14.3M
Revenue $343.1M (+60% YoY); gross profit $120.3M (+164%); Ex-TAC gross profit $144.2M (+158%).
Outbrain changes name to Teads Holding Co.; ticker to become TEAD on June 10
Name change from Outbrain Inc. to Teads Holding Co. effective June 6, 2025.
Outbrain announces 2025 Annual Meeting results; all director nominees elected
Nithya B. Das elected Class I director with 70,215,503 votes for, 1,362,958 withheld.
Outbrain adds foreign subsidiaries as guarantors on $637.5M notes due 2030
First supplemental indenture added Teads Australia Pty Ltd as guarantor on May 30, 2025.
Outbrain Q1 revenue $286M (+32% YoY); Teads acquisition drives growth; CTV >100% YoY
Revenue $286.4M (+32% YoY); Ex-TAC gross profit $103.1M (+98%); Adjusted EBITDA $10.7M vs $1.4M.
Outbrain appoints Dexter Goei and Mark Mullen to board of directors
Dexter Goei and Mark Mullen appointed to the Board effective March 12, 2025.
Outbrain Q4 Ex-TAC gross profit up 7% YoY; closed $900M Teads acquisition in Feb 2025
Q4 revenue $234.6M (-5% YoY); Ex-TAC gross profit $68.3M (+7%); Adjusted EBITDA $17.0M (+21% YoY).
Outbrain completes Teads acquisition; pro forma revenue $1.08B for 9mo 2024, net loss $26M
Paid $625M cash + 43.75M shares; financed via $637.5M 10% senior secured notes due 2030.
Outbrain closes $637.5M 10% senior secured notes due 2030, upsized from $625M
Notes issued at 98.087% of par; 10% interest semi-annual; maturity Feb 15, 2030.
Outbrain prices $637.5M senior secured notes at 10% due 2030 to refinance Teads bridge facility
Offering increased to $637.5M from $625M at 98.087% issue price, 10.000% coupon.
Outbrain closes Teads acquisition for $625M cash + 43.75M shares; raises synergy target to $65-75M
Closed Teads acquisition on Feb 3, 2025; amended consideration: $625M cash (down from $725M) and 43.75M common shares.
OT Midco commenced private offering of $625.0M senior secured notes due 2030.
Outbrain shareholders vote to approve Teads acquisition; expected close Q1 2025
Approval to issue 35M common shares and 10.5M Series A Convertible Preferred shares for Teads buy.
Outbrain notes Altice International Q3 results containing Teads financials for pending acquisition
Altice International published Q3 2024 results on Nov 27-28, 2024; Teads financials are included as a discontinued operation.
Outbrain supplements proxy disclosures for Teads acquisition amid stockholder lawsuits
Received demand letters and two NY Supreme Court complaints alleging incomplete proxy disclosures for Teads deal.
Outbrain Q3 Adj. EBITDA $11.5M beats guide; repurchases notes; raises FY outlook
Revenue $224.2M (-3% YoY); Ex-TAC gross profit $59.7M (+5% YoY); net income $6.7M vs $0.5M a year ago.
Outbrain presents combined financials for proposed Teads acquisition in investor slides
Combined company pre-synergies Ex-TAC Gross Profit of $649M for LTM ended June 30, 2024.
Outbrain repurchases remaining $118M of 2.95% convertible notes; zero debt left
Repurchased remaining $118M principal of 2.95% Convertible Notes due 2026 for ~$109.7M, a 7.5% discount to par.
Outbrain clears HSR waiting period for Teads acquisition; expects close Q1 2025
HSR Act waiting period expired September 16, 2024, removing key U.S. antitrust hurdle.
Outbrain Q2 revenue down 5% to $214M; Adj EBITDA up 112% to $7.4M; Teads acquisition announced
Q2 revenue $214.1M (-5% YoY); Ex-TAC gross profit $56.0M (+3%), in line with high end of guidance.
Outbrain to acquire Teads for ~$1B; reports preliminary Q2 ex-TAC gross profit $55-57M
Acquisition of Teads for ~$1B: $725M cash upfront, $25M deferred, 35M shares (~$169M), $105M convertible preferred.
Outbrain to acquire Teads for $725M cash plus stock; seller to own ~42%
Outbrain to pay $725M cash, issue 35M common shares and 10.5M Series A Preferred to acquire Teads.
Outbrain shareholders elect three Class III directors and ratify KPMG as auditor
Shlomo Dovrat elected with 22,777,512 votes for, 3,840,245 against, and 9,773,945 broker non-votes.
Outbrain Q1 revenue $217M (-6% YoY); net loss narrows to $5M; positive FCF
Revenue $217.0M, down 6% YoY; gross profit $41.6M, up 1%; net loss $5.0M vs $5.6M.
Outbrain appoints DoubleVerify CEO Mark Zagorski to board; director Cheifetz resigns
Mark S. Zagorski joined the board effective April 25, 2024 as Class I director and member of Nominating and Corporate Governance Committee.
Outbrain reports Q4 net income $4.1M; co-CEO Galai to step down, Kostman sole CEO
Q4 revenue $248.2M (-4% YoY); gross profit $53.2M (+11%); adjusted EBITDA $14.0M (+97%).
Outbrain Q3 Ex-TAC gross profit $56.8M (+8% YoY), Adj EBITDA $10.3M, guides Q4 $59-64M Ex-TAC
Revenue $230M (flat YoY); net income $0.5M vs loss of $4.6M prior year.
Outbrain Q2 revenue down 10% to $225.8M; net income $11.3M vs loss; adjusted EBITDA $3.5M
Revenue $225.8M (-10% YoY); Ex-TAC gross profit $54.6M (-8%); net income $11.3M vs loss of $10.3M.
Yaffa Krindel elected with 24,505,847 votes for and 4,103,460 withheld.
Outbrain reduces workforce by ~10%, expects $12M-$14M annual cost savings
Workforce reduction of approximately 10% announced May 31, 2023; affected employees notified same day.
Outbrain Q1 revenue $231.8M (-9% YoY); Ex-TAC GP $52.2M (-18%); net loss $5.6M
Revenue $231.8M, down 9% YoY; Ex-TAC gross profit $52.2M, down 18%.
Outbrain repurchases $118M of convertible notes at 19% discount, records $22M gain
Repurchased $118M principal of 2.95% Convertible Senior Notes due 2026 from Baupost for ~$96M cash.
Outbrain Q4 revenue $258M (-11% YoY), net loss $7.7M; full year adj. EBITDA $26.3M
Q4 revenue $258.0M, down 11% YoY; Ex-TAC gross profit $59.2M, down 23% YoY.
Outbrain appoints Nithya B. Das to Board of Directors effective February 26, 2023
Nithya B. Das appointed as Class I director, term expiring at 2025 Annual Meeting.
Outbrain authorizes $30 million stock repurchase program
Board approved up to $30M in common stock repurchases, no minimum share requirement.
Outbrain beats Q3 guidance; revenue $229M (-9% YoY), adjusted EBITDA $1.7M
Revenue $229.0M, down 9% YoY; gross profit $41.9M, down 30% YoY.
Outbrain Q2 2022 revenue up 2% to $250.9M but net loss of $10.3M vs profit a year ago
Revenue $250.9M (+2% YoY, +6% constant currency); gross profit $48.7M, down 18% YoY.
Annual base salary of $330,000; target annual cash bonus set at 50% of base salary (25% for 2022).
Outbrain shareholders elect directors and ratify KPMG at 2022 annual meeting
Elected Jonathan (Yoni) Cheifetz and Kathryn (Kate) Taneyhill Jhaveri as Class I directors, each with >29.8M votes for.
Outbrain CFO Elise Garofalo resigns; Jason Kiviat named successor effective July 1, 2022
Garofalo steps down as CFO effective June 30, 2022, after 8 years; will stay as special advisor through Dec 31, 2022.
Outbrain Q1 revenue up 11% to $254.2M but net loss of $1.9M; lowers FY2022 guidance
Revenue $254.2M (+11% YoY); Ex-TAC gross profit $63.5M (+5%); net loss $1.9M vs income $10.7M prior year.
AT has designated Dexter Goei and Mark Mullen and effective March 12, 2025, Mr. Goei and Mr. Mullen were appointed to the Board.
AT has designated Dexter Goei and Mark Mullen and effective March 12, 2025, Mr. Goei and Mr. Mullen were appointed to the Board.
On April 24, 2024, Jonathan Cheifetz, a member of the Board, informed the Company that he would resign as a Class I director effective as of April 25, 2024.
Effective April 25, 2024, Mark S. Zagorski joined the Board of Directors (the “Board”) of Outbrain Inc. (the “Company”).
David Kostman, who currently serves with Mr. Galai as Co-CEO, will remain as CEO of the Company.
the Company and Yaron Galai, Co-Chief Executive Officer (“CEO”), mutually determined that Mr. Galai will step down from his role as the Company’s Co-CEO as of April 1, 2024.
Effective February 26, 2023, Nithya B. Das joined the Board of Directors (the "Board") of Outbrain Inc. (the "Company").
On June 2, 2022, Outbrain Inc. (the “Company”) announced that, on June 1, 2022, Elise Garofalo, the Company’s Chief Financial Officer (“CFO”) and principal accounting officer, tendered her resignation from her position with the Company effective June 30, 2022.
On June 2, 2022, the Company also announced that the Board of Directors has appointed Jason Kiviat as CFO and the principal accounting officer of the Company effective July 1, 2022.
On April 22, 2022, Mr. Dominique Vidal, a member of the Board, informed the Company that he would resign as a Class I director effective as of that date.
Effective April 21, 2022, Yaffa Krindel joined the Board of Directors (the “Board”) of Outbrain Inc. (the “Company”).
On November 14, 2021, Mr. Yoseph (Yossi) Sela, a member of the Board of Directors (the “Board”) of Outbrain Inc. (the “Company”), informed the Company that he would resign as a Class II director effective as of that date.
Max materiality 0.90 · Median 0.68 · Most common event earnings