Teads Q3 revenue misses estimates

Reuters
11/06
Teads Q3 revenue misses estimates

Overview

  • Teads Q3 revenue grows 42% yr/yr but misses analyst expectations

  • Adjusted net loss for Q3 misses analyst estimates

  • Adjusted EBITDA for Q3 misses analyst expectations

Outlook

  • Teads expects Q4 2025 Ex-TAC gross profit between $142 mln and $152 mln

  • Company anticipates Q4 2025 adjusted EBITDA of $26 mln to $36 mln

Result Drivers

  • CTV GROWTH - Teads grew Connected TV revenue by ~40% yr/yr, highlighting traction in CTV HomeScreen product and partnerships with TCL and Google TV

  • CROSS-SELLING INCREASE - Revenue from cross-selling complementary solutions increased 67% sequentially from Q2 to Q3, demonstrating platform value

  • RESTRUCTURING IMPACT - Restructuring charges affected profitability as Teads streamlined operations post-acquisition

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$318.80 mln

$335.38 mln (5 Analysts)

Q3 Adjusted Net Income

Miss

-$16.30 mln

-$9.36 mln (5 Analysts)

Q3 Net Income

-$19.70 mln

Q3 Adjusted EBITDA

Miss

$19.20 mln

$25.56 mln (5 Analysts)

Q3 Gross Profit

$105.70 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • Wall Street's median 12-month price target for Teads Holding Co is $2.50, about 41.2% above its November 5 closing price of $1.47

Press Release: ID:nGNXbxsnLX

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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