© Reuters. Outbrain Earnings, Revenue Miss in Q3
Investing.com – Outbrain reported on Thursday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Outbrain announced earnings per share of $-0.10 on revenue of $229M. Analysts polled by Investing.com anticipated EPS of $0.06 on revenue of $267M.
Outbrain shares are down 22% from the beginning of the year, still down 78.86% from its 52 week high of $17.74 set on November 11, 2021.
Outbrain follows other major Communication Services sector earnings this month
Outbrain’s report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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