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 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.
Outbrain has announced a strategic partnership with Grupo Abril, enhancing monetization via personalized recommendations on 18 websites reaching 47 million monthly users. The collaboration will utilize Outbrain's SmartFeed technology, improving user engagement and revenue streams. Grupo Abril's president, Fábio Carvalho, expressed high expectations for the partnership, emphasizing Outbrain's agile support in achieving strategic goals. This agreement reinforces Outbrain's market position as a trusted partner for premium publishers in Brazil.
Outbrain Inc. (NASDAQ: OB) will announce its Q3 2021 earnings on November 11, 2021, prior to market opening. A conference call to discuss the results and business outlook will follow at 8:30 a.m. Eastern Time. Investors can participate by phone or via a webcast on the company's Investor Relations site. Outbrain's platform delivers 10 billion daily recommendations across over 7,000 properties, aiding advertisers in audience growth.
Outbrain has announced its successful partnership with Michelin to enhance engagement through digital marketing. Utilizing Outbrain's Conversion Bid Strategy, Michelin achieved a 16% decrease in cost-per-visitor, validating Outbrain as a more effective channel than social media. The campaign focused on Michelin's winter tire line and resulted in engagements surpassing 30 seconds at a cost of €1.50 per visit. Michelin plans to expand this collaboration to include more highlights throughout the year, emphasizing a shift towards engagement-oriented marketing.
Outbrain has renewed its partnership with Immediate Media, a leading UK media company, to implement Outbrain’s Smartfeed technology across its publications. This collaboration, which has been ongoing since 2014, aims to enhance reader engagement and revenue. Smartfeed offers a customizable content discovery experience, potentially increasing revenue per thousand impressions (RPM) by 20% compared to standard widgets. Outbrain emphasizes the importance of high-quality journalism and aims to diversify revenue streams for publishers.
Outbrain has announced a multiyear partnership with Pijper Media in the Netherlands to manage audience engagement across its media network, which includes popular brands like Grazia and Marie Claire. This collaboration aims to enhance ad quality and monetization through Outbrain's advanced recommendation technology, including Smartfeed and successful ad formats. According to Pijper Media's CEO, the decision was influenced by Outbrain's superior advertiser network and proven product efficacy. Outbrain continues to expand its presence in the Benelux region with this strategic alliance.
Outbrain's recent survey reveals that consumers aged 18-35 are likely to increase their holiday spending, contrasting with older demographics who plan to maintain budgets. The survey of over 8,000 participants indicates delivery speed is paramount for 52% of shoppers, followed by shipping costs (38%). Video content is crucial, with 61% of consumers viewing it as key for purchase decisions. In the U.S., 36% of shoppers will only shop online while 55% will shop both online and in-store. The report highlights the importance of brand accessibility and quality during the 2021 holiday shopping season.
Outbrain, a leading recommendation platform, announced its participation in several upcoming investor events. The schedule includes a fireside chat at Citi’s 2021 Global Technology Virtual Conference on September 14, 2021, a presentation at the Jefferies Virtual Software Conference on September 15, 2021, and a panel discussion at the Jefferies Israel Innovation Summit on September 30, 2021. Investors can access live webcasts and replays on Outbrain's investor relations website.
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