Outbrain Inc (OB) Earnings Report, Financial Results, Financial analysis

Outbrain Inc reported in the second quarter of 2023 net earnings per share of $0.21 an improvement compare to net loss per share of $-0.18 recorded a year ago and an improvement compare to net loss per share of $-0.11 realized in previous quarter.

*second quarter of 2023*
Earnings Per Share	Revenues
$ 0.21	$ 226 Mill
$+0.39	$-25M -10 %

Outbrain Inc 's Revenue fell by -10 % in second quarter of 2023 (Jun 30 2023) year on year, to $226 million and declined by -2.58 % sequentially.

Outbrain Inc is Expected to report next financial results on November 09, 2023.

More on OB's Income Statement

OB's NET INCOME

Outbrain Inc 's net income of $11.282 million in the second quarter of 2023 increased from net loss of $-10.318 million II. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-5.605 million recorded in previous quarter.

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Outbrain Inc Inventories
In Jun 30 2023 company's net cash and cash equivalents decreased by $-13 million, capital expenditures grew by -61.74%, to $-4 millions compare to same quarter a year ago and rose by -39.53% from I. Quarter (Mar 31 2023).

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Earnings quality

Outbrain Inc does not pay out common stock dividend.

In trailing twelve-month period Outbrain Inc payed $ -0.24 cash per share, on a free-cash flow basis .

Book value fell by -3.88 % sequentially to $3.89 per share, -143.20% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 2.38 per share from $ 2.37.

Company issued 5.24 million shares or 10.19 % in Jun 30 2023.
Interest Coverage Ratio was 1.42. Debt Coverage Ratio was 0.19.

• More on OB's Dividends

Market Capitalization (Millions)	289
Shares Outstanding (Millions)	57
Total Debt (Millions $)	118
Revenue (TTM) (Millions $)	945
Net Income (TTM) (Millions $)	-7
Cash Flow (TTM) (Millions $)	-332
Capital Exp. (TTM) (Millions $)	-20
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	1,016

Earnings quality

Outbrain Inc does not pay out common stock dividend.

In trailing twelve-month period Outbrain Inc had negative $ -0.24 cash flow per share, on a free-cash flow basis .

Book value fell by -3.88 % sequentially to $3.89 per share, -143.20% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 2.38 per share from $ 2.37.

Company issued 5.24 million shares or 10.19 % in Jun 30 2023.
Interest Coverage Ratio was 1.42. Debt Coverage Ratio was 0.19.

• More on OB's Balance Sheets

Market Capitalization (Millions)	289
Shares Outstanding (Millions)	57
Total Debt (Millions $)	118
Revenue (TTM) (Millions $)	945
Net Income (TTM) (Millions $)	-7
Cash Flow (TTM) (Millions $)	-332
Capital Exp. (TTM) (Millions $)	-20
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	1,016

Outbrain Inc

OB's Financial Statements and Analysis