In This Article:
Outbrain (NASDAQ:OB) Full Year 2024 Results
Key Financial Results
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Revenue: US$889.9m (down 4.9% from FY 2023).
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Net loss: US$711.0k (down by 107% from US$10.2m profit in FY 2023).
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US$0.014 loss per share (down from US$0.20 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Outbrain Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) was also behind analyst expectations.
The primary driver behind last 12 months revenue was the Europe, The Middle East and Africa (EMEA) segment contributing a total revenue of US$541.4m (61% of total revenue). Notably, cost of sales worth US$697.8m amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$97.5m (51% of total expenses). Explore how OB's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's shares are down 12% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Outbrain has 1 warning sign we think you should be aware of.
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