Welcome to our dedicated page for Outbrain news (Ticker: OB), a resource for investors and traders seeking the latest updates and insights on Outbrain stock.
Outbrain Inc. (NASDAQ: OB) is a premier content discovery platform that enhances online, mobile, and video experiences by delivering personalized content recommendations. Established in 2006, Outbrain has become a global leader in connecting audiences with relevant content, driving engagement and providing valuable insights for publishers.
Headquartered in New York, Outbrain operates in numerous countries, including the U.S., U.K., Israel, Singapore, Japan, and Australia. The platform serves over 190 billion content recommendations monthly, reaching more than 561 million unique visitors worldwide. Top-tier publications such as CNN, ESPN, Le Monde, Fox News, The Guardian, Slate, The Telegraph, New York Post, Times of India, and Sky News utilize Outbrain's services.
Outbrain’s core business focuses on providing a high-quality user experience by placing ads that appear as links to articles, products, and videos on media partner sites. This strategy drives significant user engagement and generates revenue from advertisers based on the interaction with these ads. The company leverages AI and machine learning to predict engagement moments, optimizing outcomes for both advertisers and publishers.
Recent achievements include expansions and innovations that have strengthened Outbrain's position in the digital publishing sphere. Outbrain's platform supports over 7,000 online properties globally, fostering a dynamic ecosystem that benefits both content creators and consumers.
Financially, Outbrain continues to show strong performance. For the fiscal year ending December 31, 2023, the company anticipates positive trends in Adjusted EBITDA, Adjusted Net Income (Loss), Adjusted Diluted EPS, and Free Cash Flow. Outbrain regularly updates its financial status, with the latest quarterly results to be discussed on November 7, 2023.
Investors and interested parties can engage with Outbrain through its Investor Relations website, participate in earnings calls, or access replays to stay informed about the company's financial health and strategic direction.
For more information, visit outbrain.com or contact media and investor relations at press@outbrain.com and IR@outbrain.com.
Outbrain has entered a multi-year deal with 1XL, the UK's largest provider of premium digital news media audiences, to utilize Outbrain's Smartfeed technology. This partnership aims to enhance revenue and user engagement across 1XL’s 43 local news publishers. The Smartfeed technology offers dynamic, customizable content recommendations, potentially increasing revenue per mille (RPM) by 20%. With a user base of 26.4 million, this collaboration emphasizes personalized advertising, supporting local journalism.
Outbrain Inc (Nasdaq: OB) has scheduled its 2022 annual advertising innovation conference, Unveil, for March. This fully virtual event will span three days across different time zones: March 15 for the Americas, March 16 for EMEA, and March 17 for APAC. The conference will showcase Outbrain's latest innovations and tools for advertisers, focusing on enhancing engagement and customer acquisition. Early registration is currently open, aiming to highlight Outbrain's advancements in ad technology.
Outbrain Inc. (NASDAQ: OB) will release its fourth quarter and full year 2021 results on March 1, 2022, before market opening. A conference call will follow at 8:30 a.m. ET to discuss results and future outlook. Investors can access the call by dialing 1-877-407-9208, with an international option available. A replay will be accessible two hours post-call until March 15, 2022. Outbrain is a leading recommendation platform, delivering 10 billion daily recommendations across over 7,000 online properties.
Outbrain, a top recommendation platform, has partnered with Vivo to enhance Vivo's browser newsfeed with its OB News service. This agreement will allow Vivo's 50 million daily active users in South East Asia to access editorial content from Outbrain's premium publisher network, leading to improved user engagement and monetization. Outbrain's VP of Publishers emphasized the importance of using cutting-edge recommendation technology to optimize partners' engagement strategies. Outbrain operates with an impressive capacity of delivering 10 billion recommendations daily across 7,000 online properties.
Outbrain Inc. (Nasdaq: OB) has announced the global rollout of its Native Advertising Header Bidding solution aimed at enhancing monetization for media partners. This innovative solution allows Outbrain to bid on any media partner ad placement, thereby increasing revenue potential. The technology integrates with media partners to provide insights into performance, improving ad relevance and efficiency. Outbrain aims to deliver a better advertising experience while expanding inventory for its advertisers. The new system enters the Header Bidding space, reflecting Outbrain's commitment to innovation.
Outbrain (Nasdaq: OB) announced its participation in three upcoming investor conferences.
- Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 3:35 PM ET.
- New Companies on Wall Street Israel Oppenheimer Conference on December 13, 2021, at 9:00 AM ET.
- 24th Annual Needham Virtual Growth Conference on January 11, 2022, at 8:30 AM ET.
Live webcasts will be available on Outbrain's investor relations website.
Outbrain Inc. (Nasdaq: OB) has announced its definitive agreement to acquire video intelligence AG (vi) for approximately $55 million, funded through cash and shares. This acquisition aims to enhance Outbrain's video offerings for media owners and advertisers by integrating vi's contextual video technology. vi serves over 1100 global media owners and has recently entered the Connected TV space. The transaction is expected to close in the first quarter of 2022 and be accretive in its first year, positioning Outbrain to deepen partnerships and expand its addressable market.
Outbrain has renewed its partnership with SQUID, a mobile-first news service, enhancing mobile monetization through Outbrain's promoted recommendations. SQUID, which reaches 10 million active users monthly, will access revenue from Outbrain's network of over 20,000 advertisers. The partnership aims to deliver engaging, native advertising while maintaining user experience, particularly for millennial audiences. With strong click-through rates of 3-4%, Outbrain's technology integrates seamlessly with SQUID's platform, supporting ongoing revenue growth.
Outbrain Inc. (Nasdaq: OB) reported a 34% year-over-year revenue increase to $250.8 million for Q3 2021, exceeding expectations. Gross profit rose 44% to $60.3 million. Ex-TAC gross profit also saw a 40% growth to $68.1 million, and Adjusted EBITDA increased by 56% to $19.9 million. Despite a net loss of $53.9 million due to one-time expenses associated with the IPO, the company generated $36.2 million in net cash from operations. Outbrain raised $360 million and has raised its full-year outlook.
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