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.)