OB - Outbrain Non-GAAP EPS of $0.00 misses by $0.01 revenue of $254.2M beats by $11.75M

Outbrain press release (NASDAQ:OB): Q1 Non-GAAP EPS of $0.00 misses by $0.01. Revenue of $254.2M (+11.5% Y/Y) beats by $11.75M. Adjusted EBITDA of $11.6 million compared to $20.6 million in the prior year  Ex-TAC gross profit increased 5% year over year to $63.5 million, compared to $60.4 million. Ex-TAC gross profit increased 8% on a constant currency basis, reflecting net unfavorable foreign currency effects of approximately $1.6 million. GUIDANCE: The following forward-looking statements reflect our expectations. For the full year ended December 31, 2022, we expect: Ex-TAC gross profit of $270 million to $290 million Adjusted EBITDA of $50 million to $60 million For the second quarter ending June 30, 2022, we expect: Ex-TAC gross profit of $59 million to $62 million. Adjusted EBITDA of $4 million to $6 million

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Outbrain Non-GAAP EPS of $0.00 misses by $0.01, revenue of $254.2M beats by $11.75M