- Outbrain press release (NASDAQ:OB): Q3 Non-GAAP EPS of -$0.10 beats by $0.05.
- Revenue of $229M (-8.7% Y/Y) beats by $19.47M.
- Ex-TAC gross profit of $52.7 million
- Adjusted EBITDA of $1.7 million
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For the full year ended December 31, 2022, we are increasing guidance to:
- Ex-TAC gross profit of at least $232.5 million
- Adjusted EBITDA of at least $23.2 million
- For the fourth quarter ending December 31, 2022, we expect: Ex-TAC gross profit of $57 million to $60 million
- Adjusted EBITDA of $4 million to $6 million