Articles from Outbrain Inc.

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) (“Outbrain”), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that, at its special meeting of shareholders (the “Special Meeting”) held earlier today, Outbrain shareholders voted to approve the issuance of 35 million shares of common stock and 10.5 million Series A Convertible Preferred Shares, which are convertible into common stock, in connection with the acquisition of Teads S.A. (the “Share Issuance Proposal”). The transaction remains subject to customary closing conditions, including regulatory approvals, and is expected to close during the first quarter of 2025.

Reports strong quarter, achieving Q3 guidance on Ex TAC gross profit, exceeding Adjusted EBITDA expectations; improved margins and profitability, and generating positive cash flow for 5th consecutive quarter

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Outbrain (NASDAQOB), a leading technology platform that drives business results across the open internet, announced the expansion of its collaboration with Microsoft and the use of the technological capabilities of the Microsoft Azure cloud platform to improve its offerings for advertisers and media owners. As part of the collaboration, Outbrain will expand its operations with Microsoft Azure in North America, scaling its traffic to be served on Azure, and integrate generative AI solutions based on Azure OpenAI Service to offer a variety of new services to its customers.

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

New Solution Delivers Greater Engagement for Publishers and Opportunity for Brands to Drive More Attention

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that it has repurchased all of the remaining $118 million in aggregate principal amount of the 2.95% Convertible Senior Notes due 2026 (the “Convertible Notes”) via a privately negotiated repurchase agreement with Baupost Group Securities, L.L.C., the sole holder of the Convertible Notes. The Company paid, including accrued interest, $109.7 million in cash representing a discount to par value of approximately 7.5%. As a result, Outbrain will record a pre-tax gain of approximately $8.8 million in the third quarter of 2024.

Reports 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

Company will combine performance and omnichannel video offerings to become the preferred destination to drive full-funnel marketing outcomes across the entire consumer journey

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its second quarter 2024 results before the market opens on Thursday, August 8, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

Veteran AdTech Executive to Drive Revenue Growth and Expansion in the US

Achieves Q1 guidance, improves margins and profitability, and generates positive cash flow while continuing progress on growth drivers

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its first quarter 2024 results before the market opens on Thursday, May 9, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter and full year ended December 31, 2023.

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that David Kostman will assume the role of sole CEO of Outbrain. The company’s co-Founder and co-CEO, Yaron Galai, who has shared management responsibility with Kostman since 2017, will step down from his role as co-CEO, effective April 1, 2024. Galai will remain the Chairman of the Board and will serve in an advisor role until year-end.

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its fourth quarter and full year 2023 results before the market opens on Thursday, February 29, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the open Internet, announced today financial results for the quarter ended September 30, 2023.

NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its third quarter 2023 results before the market opens on Tuesday, November 7, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

Outbrain to integrate DoubleVerify’s brand safety floor, fraud avoidance and viewability measurement into every Onyx by Outbrain™ campaign

Advertisers, including Onyx by Outbrain™ customers, can now access transparent carbon emissions data

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the open Internet, announced today financial results for the quarter ended June 30, 2023.

NEW YORK, July 18, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB) announced today that the company will release its second quarter 2023 results before the market opens on Tuesday, August 8, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

Onyx leverages the company’s AI prediction technology across dedicated environments for high-impact display and video advertising

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended March 31, 2023.

Appointments come as company enhances global operations expanding its value proposition for brands, advertisers, and publishers

Outbrain elevates Yonatan Maman to Chief Technology Officer and announces the appointment of Zemanta founder Andraz Tori as its first Chief Product Officer

NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, announced today that the company will release its first quarter 2023 results before the market opens on Tuesday, May 9, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, announced today that it has repurchased $118 million in aggregate principal amount of the 2.95% Convertible Senior Notes due 2026 (the “Convertible Notes”) via a privately negotiated repurchase agreement with Baupost Group Securities, L.L.C., the sole holder of the Convertible Notes. The Company paid, including accrued interest, approximately $96 million in cash representing a 19% discount to par value. As a result, Outbrain will record a pre-tax gain of approximately $22 million in the second quarter of 2023.

NEW YORK, March 11, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, is providing the following statement regarding the events surrounding Silicon Valley Bank (“SVB”):

NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter and full year ended December 31, 2022.

Brings strong experience across ad tech, software and operations

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, announced today that the company will release its fourth quarter and full year 2022 results before the market opens on Thursday, March 2, 2023, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, today announced the Company’s Board of Directors approved a new stock repurchase program under which the Company is authorized to purchase up to $30 million of the Company’s common stock with no requirement to purchase any minimum number of shares.

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended September 30, 2022.

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, announced today that the company will release its third quarter 2022 results before the market opens on Thursday, November 10, 2022, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQOB), a leading recommendation platform for the open web, announced today that the company will release its second quarter 2022 results before the market opens on Thursday, August 11, 2022, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.