OUTBRAIN INC Reports Fourth Quarter Earnings for Fiscal Year 2022-2023
March 15, 2023
Earnings Overview
On March 2 2023, OUTBRAIN INC ($BER:852) reported its fourth-quarter financial results for the year ending December 31 2022. The company posted a total revenue of -USD 7.8 million, representing a 119.9% decrease year over year. Net income was reported as USD 258.0 million, a decrease of 10.9% compared to the same period in the previous year.
Price History
On Thursday, OUTBRAIN INC reported fourth quarter earnings for the fiscal year 2022-2023, which sent its stock soaring by 13.2%. The opening price of €4.0 jumped to a closing price of €4.6, exceeding the previous closing price of €4.1. This marked a significant rise in the company’s stock and served as a sign of investor confidence in OUTBRAIN INC’s prospects. This was driven by strong customer growth and increased customer engagement.
Additionally, OUTBRAIN INC noted that their ability to attract new customers and retain returning customers was proof of their effectiveness at creating value for their users. Overall, the positive report of fourth quarter earnings was a positive sign for OUTBRAIN INC’s future performance and further strengthened investor faith in the company. With the stock soaring and net income on the rise, OUTBRAIN INC appears to be in a strong position for the rest of the fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Outbrain Inc. More…
| Total Revenues | Net Income | Net Margin |
| 992.08 | -24.58 | -2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Outbrain Inc. More…
| Operations | Investing | Financing |
| 3.81 | -317.9 | -31.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Outbrain Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 781.15 | 563.36 | 4.17 |
Key Ratios Snapshot
Some of the financial key ratios for Outbrain Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.0% | – | -1.1% |
| FCF Margin | ROE | ROA |
| -2.2% | -3.1% | -0.9% |
Analysis
At GoodWhale, we have carried out an analysis of OUTBRAIN INC‘s financials to uncover any potential risks. After a thorough assessment, we have determined that OUTBRAIN INC has a low risk rating in terms of financial and business aspects. In other words, investing in OUTBRAIN INC is likely to be a safe bet. At GoodWhale, we continually assess businesses and financial elements for potential risks. If you register with us, you will be able to access our analysis of the financial and business areas for OUTBRAIN INC and find out more about any potential risks. By registering with us, you can make informed decisions when it comes to investing in OUTBRAIN INC. More…
Summary
Outbrain Inc reported its fourth quarter earnings on December 31, 2022, with total revenue of -7.8 million USD and net income of 258.0 million USD, both showing a decrease from the same period in the previous year. Investors responded positively to the earnings release, with the stock price increasing on the same day. Analysts are currently assessing the company’s performance, expecting to gain insights into the financial viability of Outbrain Inc. Going forward, investors should pay close attention to the company’s revenue and outlook as conditions in the market continue to evolve.
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