Outbrain Inc. Stock Price, News & Analysis

Outbrain Inc. (Nasdaq: OB) announced a multi-year expansion of its partnership with Microsoft, leveraging Azure to enhance its media platform. The collaboration aims to drive innovation, improve connectivity between advertisers and publishers, and support independent journalism. Outbrain's platform currently serves over 1 billion consumers and processes 10 billion daily recommendations across 7,000 media partners. The partnership emphasizes Outbrain’s commitment to delivering effective advertising solutions and aims to accelerate its global expansion and development cycles.

Outbrain Inc. (Nasdaq: OB) has expanded its partnership with Sankei Digital, a major digital publisher in Japan. The collaboration now includes implementing Outbrain's technology on Sankei's flagship platforms, Sankei News and Sanspo Sports. This move follows successful prior partnerships, enhancing pageviews, user engagement, and profitability. Outbrain's technological reliability and commitment to brand safety were highlighted by Sankei's management. The partnership began in 2015 and now signifies a long-term growth commitment in the Japanese market.

Outbrain Inc. (Nasdaq: OB) reported record revenues of $290 million for Q4 2021, reflecting an 18% year-over-year increase. Full-year revenues surpassed $1 billion, growing 32% from 2020. The company's gross profit for Q4 was $67.5 million, up 15%, and net income soared to $39 million, boosted by a one-time tax benefit. Outbrain's acquisition of video intelligence AG was announced, valued at approximately $55 million. Despite strong growth, adjusted net income showed a decline. The company's Board authorized a $30 million share repurchase program to enhance shareholder value.

Outbrain (Nasdaq: OB), a top recommendation platform, announced its participation in the JMP Securities Technology Conference on March 7, 2022, in San Francisco. The management team will conduct one-on-one meetings with investors at the event. Outbrain delivers 10 billion daily recommendations across over 7,000 online properties, connecting advertisers to audiences globally. Established in 2006 and headquartered in New York, Outbrain operates in 18 cities worldwide. Interested investors can schedule meetings through their JMP Securities representatives.

Outbrain Inc. (Nasdaq: OB) has launched the Engagement Bid Strategy (EBS), a new AI-driven solution for performance optimization in advertising. The EBS is notable for its lack of reliance on third-party cookies or tracking codes, simplifying campaign setup and operation. By utilizing data from advertisers' analytics systems, EBS automatically optimizes ad creative serving and adjusts cost-per-click bidding to enhance campaign performance, particularly in a cookieless environment. This innovation aims to assist marketers in achieving long-term outcomes amidst evolving digital advertising norms.

Outbrain Inc (Nasdaq: OB) announced the appointment of Paul Knegten as Chief Marketing Officer, a newly created role, on February 14, 2022. Knegten, who has extensive experience in advertising technology, will spearhead Outbrain's global marketing efforts aimed at enhancing the company's brand presence and strategic initiatives following its recent IPO. Previously CMO at Beeswax, acquired by Comcast's FreeWheel, he brings a wealth of knowledge to Outbrain. Co-CEO David Kostman highlighted Knegten's proven track record as vital for the company’s growth in the evolving digital advertising landscape.

Outbrain has entered a multi-year deal with 1XL, the UK's largest provider of premium digital news media audiences, to utilize Outbrain's Smartfeed technology. This partnership aims to enhance revenue and user engagement across 1XL’s 43 local news publishers. The Smartfeed technology offers dynamic, customizable content recommendations, potentially increasing revenue per mille (RPM) by 20%. With a user base of 26.4 million, this collaboration emphasizes personalized advertising, supporting local journalism.

Outbrain Inc (Nasdaq: OB) has scheduled its 2022 annual advertising innovation conference, Unveil, for March. This fully virtual event will span three days across different time zones: March 15 for the Americas, March 16 for EMEA, and March 17 for APAC. The conference will showcase Outbrain's latest innovations and tools for advertisers, focusing on enhancing engagement and customer acquisition. Early registration is currently open, aiming to highlight Outbrain's advancements in ad technology.