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Investing.com - Outbrain reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Outbrain announced earnings per share of $-0.10 on revenue of $229M. Analysts polled by Investing.com EPS of $0.06 on revenue of $267M.
Outbrain 's are down 22% and is trading at $3.75 , still down 78.86% from its 52 week high of $17.74 set on Thursday, November 11, 2021.
Outbrain follows other major Communication Services sector earnings this month
Outbrain's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar