News & Events zu Teads Holding Co (TEAD)TEADTeads Holding Co

Teads Appoints Michael Coyle as CFO

Teads announced the appointment of Michael Coyle as CFO, effective November 11. Coyle succeeds Jason Kiviat, who is stepping down from the CFO role after 13 years of dedicated leadership at the company. To ensure a seamless handover, Kiviat will remain with Teads in a transitional and advisory capacity through the coming months. Prior to joining Teads, Coyle served as Managing Director at The Depository Trust & Clearing Corporation.

Teads Q3 Revenue at $235.07M, Below Consensus

Reports Q3 revenue $235.07M, consensus $280.57M. "In the third quarter, our Connected TV revenue grew 37% year-over-year, outperforming the broader market through our leading position on the CTV HomeScreen - the front door to the living-room experience," said David Kostman, CEO of Teads. "Like many companies across our sector, we are navigating the significant headwinds currently impacting the open internet, and we are using this moment to focus on driving broader adoption of our Enterprise omnichannel offerings. We are seeing some improvement in trends in the early part of the fourth quarter and are taking decisive and appropriate actions to improve our revenue trajectory, optimize our cost structure, and strengthen our balance sheet" added Kostman.

Teads and Koddi Partner to Launch Open Standard

Teads and Koddi, a commerce media platform, announced a global partnership delivering an open, universal OpenRTB standard for onsite retail media inventory. Building on Teads' position as an early innovator in bringing real-time bidding capabilities to native retail listings, this strategic collaboration directly tackles the top challenges facing advertisers today: according to IAB Europe's Attitudes to Retail Media report, the fragmentation of retail media networks and a lack of standardization remain the primary barriers for buy-side stakeholders. The integration enables advertisers to unify onsite retail media with their broader omnichannel strategy, seamlessly activating Sponsored Product Ads and high-intent Display placements in Teads Ad Manager across Koddi-powered networks in the US and Europe, including platforms such as Gopuff UK, Hopper, and Wolt Ads.