June 11, 2024
Outbrain, the renowned content recommendation platform, has recently appointed Greg Archibald as the General Manager and Senior Vice President of Sales for the US region. Archibald, a seasoned AdTech executive, brings with him a wealth of experience in the industry and is expected to lead the company towards increased revenue growth and expansion in the US market.
The appointment of Archibald comes at a time when Outbrain Inc is witnessing positive developments in the stock market. Currently trading on the NASDAQ, its shares are 1.9% above its 52-week average, indicating a promising outlook for the company.
In the first quarter of 2024, Outbrain Inc achieved a return on average invested assets (ROI) of 3.05%, surpassing its average ROI of 1.07%. This signifies the company s strong performance and efficient utilization of its invested capital. Importantly, Outbrain Inc has managed to improve its ROI compared to the previous quarter of 2023, despite a decline in net income.
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