NASDAQ$TEAD
TEAD Holdings Co · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported strong quarter, achieving high end Q2 guidance on Ex TAC gross profit, beating on Adjusted EBITDA, improving margins and profitability, and generating positive cash flow for 4th consecutive quarter.
Outbrain reported a decrease in revenue but an increase in gross profit and Adjusted EBITDA for Q2 2024. The company also announced an agreement to merge with Teads.
- Third consecutive quarter of year-over-year RPM growth.
- Strong Onyx re-booking rate of 40% in Q2 2024.
- Growth in advertiser spend on the Zemanta DSP by approximately 50% in the first half of 2024, as compared to the first half of 2023.
- Outbrain has signed an agreement to acquire Teads in an approximately $1 billion transaction.
Headline financials
Revenue & EPS history
Outbrain · Revenue · Quarterly
$214M
Forward guidance
Outbrain expects Ex-TAC gross profit of $58 million to $62 million and Adjusted EBITDA of $8 million to $10.5 million for the third quarter ending September 30, 2024. For the full year ending December 31, 2024, the company continues to expect Ex-TAC gross profit of $238 million to $248 million and is increasing its expectation of Adjusted EBITDA to $31.5 million to $36 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-3.1%
Avg return
Earnings day
-5.3%
Avg return
5 days after
-8.2%
Avg return
30 days after
35%
8 / 23 earnings
Positive
+20.4%
Q1 2026
Best reaction
-45.9%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +20.4% | +9.4% | +38.5% | |
| Q3 2025 | -45.9% | -38.8% | -58.5% | |
| Q1 2025 | -2.0% | -14.7% | -20.4% | |
| Q4 2024 | -3.3% | -13.1% | -30.1% | |
| Q3 2024 | +5.0% | +7.6% | +30.0% | |
| Q2 2024 | -3.7% | -2.1% | -0.8% | |
| Q1 2024 | +1.6% | +1.6% | +2.9% | |
| Q4 2023 | -11.3% | -7.4% | +1.0% | |
| Q3 2023 | -13.2% | -12.9% | -7.4% | |
| Q2 2023 | +10.7% | +12.2% | +2.5% | |
| Q1 2023 | +2.2% | +2.4% | +29.7% | |
| Q4 2022 | +13.3% | +11.2% | -4.0% | |
| Q3 2022 | +18.9% | +10.1% | -9.3% | |
| Q2 2022 | -13.7% | -20.8% | -36.6% | |
| Q1 2021 | -0.5% | -2.1% | -8.1% | |
| Q1 2022 | -23.3% | -23.7% | -31.7% | |
| Q4 2019 | -1.1% | -3.7% | -10.7% | |
| Q4 2021 | -9.6% | -18.5% | -17.7% | |
| Q3 2020 | +4.7% | +3.6% | -11.6% | |
| Q3 2021 | -2.7% | -1.1% | -15.4% | |
| Q4 2020 | -2.5% | -4.0% | -8.8% | |
| Q2 2020 | -2.5% | -4.0% | -8.8% | |
| Q2 2021 | -13.1% | -13.1% | -12.6% | |
| Q2 2017 | — | — | — | |
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| Q1 2016 | — | — | — | |
| Q3 2015 | — | — | — | |
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| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — |
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