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Outbrain completes change of corporate name to Teads
Outbrain, which is operating under the new Teads brand following Outbrain's acquisition of Teads in February 2025, announced that the combined company has completed its corporate renaming from "Outbrain Inc." to "Teads Holding Co." The combined company will begin trading under the new ticker symbol "TEAD" on the Nasdaq effective June 10. The change will not impact current stockholders, contracts, or operations. No action is required by shareholders in connection with the name change.
Outbrain sees Q2 Adjusted EBITDA of $26M-$34M
Sees Q2 Ex-TAC gross profit $141M-$150M.
Outbrain reports Q1 EPS (70c) vs. (10c) last year
Reports Q1 revenue $286.4, consensus $285.18M. "We are off to a strong start following the completion of the combination with Teads. In the first quarter, we delivered financial results above the mid-range of our guidance, while closing the acquisition, issuing five-year senior secured notes, and reaching many major milestones of integration and synergy realization. We are in the early days, but the feedback to our brandformance platform strategy from the hundreds of advertisers and media owners we have met has been highly encouraging," said David Kostman, CEO of Teads.
Teads reports CTV HomeScreen powers 1,500 campaigns
The new Teads announced a significant milestone for CTV HomeScreen, an immersive way for advertisers to reach audiences on exclusive experiences at incremental moments of high attention. Since its launch in 2023, 1,500 CTV HomeScreen campaigns have been run by premium brands globally, including Cartier, Nestle, and Air France.
Outbrain sees FY25 adjusted EBITDA of at least $180M
For the first quarter ending March 31, which includes the results for the legacy Outbrain business plus the addition of operating results for legacy Teads beginning on February 3, the company expects Ex-TAC gross profit of $100M-$105M and adjusted EBITDA of $8M-$12M. For the full year ending December 31, 2025, it expects adjusted EBITDA of at least $180M.
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