Outbrain Non-GAAP EPS Beats Expectations, Revenue Falls Short

Thursday, 29 February 2024, 11:34

In the latest financial results, Outbrain exceeded Non-GAAP EPS estimates by $0.01, reporting $0.09 per share. However, the company fell short on revenue, missing projections by $3.78M. The performance suggests a mixed outcome for investors, with positive bottom-line results offset by lower-than-expected top-line figures.

LivaRava Finance Meta Image — Outbrain Non-GAAP EPS Beats Expectations, Revenue Falls Short

Outbrain Financial Results Overview

Outbrain recently reported its financial results, showcasing a mixed outcome for investors.

Key Metrics:

Non-GAAP EPS: $0.09 (beat by $0.01)
Revenue: $248.2M (missed by $3.78M)

The company's performance indicates positive bottom-line results with a slight revenue miss. While the EPS exceeded estimates, the revenue fell short of projections, highlighting a juxtaposition in Outbrain's financial performance.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Outbrain Financial Results Overview

Key Metrics:

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