Outbrain Inc.'s stock soared 9.93% in pre-market trading on Thursday, following the company's financial outlook for fiscal year 2025. The stock is trading at $X.XX, up from its previous close of $X.XX.
According to a recent announcement, Outbrain expects to achieve an adjusted EBITDA of at least $180 million for the fiscal year ending March 31, 2025. This guidance includes the combined operations of the legacy Outbrain business and the recently acquired companies.
Analysts and investors appear optimistic about Outbrain's prospects, as reflected in the significant pre-market surge. The company's diversified offerings and strategic acquisitions position it for continued growth and profitability in the digital advertising and marketing space.
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