Outbrain Direct Response

News Summary:

On June 2, 2026, Teads published its 2025 Sustainability & Climate Update, aligning its climate-related governance and disclosure readiness with Task Force on Climate-related Financial Disclosures (TCFD) recommendations, following its merger with Outbrain. Previously, on May 20, Outbrain’s Shanghai Yushanzhi Information Technology Co. Ltd. saw its AI-native collaboration platform, CodeBanana (CB), receive the "2026 AI Best Scenario Penetration Case" award from 36Kr, recognized for its performance in complex enterprise collaboration scenarios. This follows Outbrain Inc.'s 8-K filing on May 14, detailing the matters acted upon and final voting results from Teads Holding Co.'s 2026 Annual Meeting of Stockholders. Earlier, on May 12, Teads Holding Co. (Nasdaq: TEAD) reported a 7% year-over-year decline in total revenue for the first quarter of 2026. Despite this, its connected television (CTV) business revenue surged more than 50% year-over-year, primarily in EMEA and APAC. The company also reported a 5% growth in Ex-TAC gross profit and an improved rate of margin decline. Management, discussing the results on May 8, attributed cost reductions, including a 20% decrease in compensation expenses, to recent post-integration restructuring efforts, while reiterating a full-year adjusted EBITDA target of approximately $100 million and introducing Q2 guidance anticipating sequential improvements in gross profit and profitability.