NASDAQ$TEAD
TEAD Holdings Co · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Outbrain reported results within Ex-TAC gross profit and Adjusted EBITDA guidance ranges with growth in Ex-TAC gross profit, Adjusted EBITDA and free cash flow.
Outbrain's Q4 2023 results showed a revenue of $248.2 million, a net income of $4.1 million, and an adjusted EBITDA of $14.0 million. The company delivered results within guidance ranges, demonstrating growth in Ex-TAC gross profit and strong growth in Adjusted EBITDA and free cash flow.
- Revenue was $248.2 million, a 4% decrease compared to the prior year period.
- Gross profit increased by 11% year-over-year to $53.2 million.
- Net income was $4.1 million, compared to a net loss of $7.7 million in the prior year period.
- Adjusted EBITDA was $14.0 million, compared to $7.1 million in the prior year period.
Headline financials
Revenue & EPS history
Outbrain · Revenue · Quarterly
$248M
Forward guidance
For the first quarter ending March 31, 2024, Outbrain expects Ex-TAC gross profit of $50.5 million to $53.5 million and Adjusted EBITDA of $(1) million to $1 million. For the full year ending December 31, 2024, the company expects Ex-TAC gross profit of $238 million to $248 million and Adjusted EBITDA of $30 million to $35 million.
Tailwinds
- Ex-TAC gross profit of $50.5 million to $53.5 million (Q1 2024)
- Adjusted EBITDA of $(1) million to $1 million (Q1 2024)
- Ex-TAC gross profit of $238 million to $248 million (FY 2024)
- Adjusted EBITDA of $30 million to $35 million (FY 2024)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2023
-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 |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — |
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