Outbrain Earnings Beat Expectations at $0.08, But Profit Falls Short

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Outbrain Earnings Beat Expectations at $0.08, But Profit Falls Short

According to Outbrain's (NASDAQ: OB) report, the earnings per share for the third quarter was $0.110, which is $0.08 better than analysts' expectations of $0.028. The reported earnings for this quarter were $224.18 million, while analysts had expected $228.37 million.

Outbrain's stock closed at $4.76, indicating a 2,150% increase over the past three months. The stock has gained 31,490% in value over the last 12 months. Over the last 90 days, Outbrain has shown positive earnings per share while experiencing negative earnings per share previously.

You can review how Outbrain's stock price has reacted to past earnings reports. According to InvestingPro, Outbrain has a financial health score of "Fairly Good performance."

You can examine the latest earnings reports of Outbrain and all financial information about the company. Stay updated on all developments regarding balance sheets by visiting Investing.com's Earnings Calendar.