Published on 8 Aug 2023 on Zacks via Yahoo Finance
Outbrain Inc. (OB) Reports Q2 Loss, Tops Revenue Estimates
Outbrain Inc. (OB) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.09, delivering a surprise of 18.18%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.