Outbrain Expects Q4 Ex-TAC Gross Profit of $59M-$64M, Adj EBITDA of $13M-$17M
Portfolio Pulse from Benzinga Newsdesk
Outbrain has provided its Q4 2023 guidance, expecting an ex-TAC gross profit of $59M-$64M and an adjusted EBITDA of $13M-$17M.
November 07, 2023 | 11:35 am
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Outbrain's Q4 2023 guidance indicates a healthy financial performance with an expected ex-TAC gross profit of $59M-$64M and an adjusted EBITDA of $13M-$17M.
Outbrain's Q4 2023 guidance indicates a strong financial performance, which is likely to be positively received by investors. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100