Teads Holding Co reports results for the quarter ended June 30 - Earnings Summary

• Teads Holding Co TEAD reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of five analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -17 cents to 8 cents per share.

• Revenue rose 60.2% to $343.10 million from a year ago; analysts expected $352.22 million.

• Teads Holding Co's reported EPS for the quarter was a loss of 15 cents​.

• The company reported a quarterly loss of $14.31 million.

• Teads Holding Co shares had risen by 4.0% this quarter and lost 64.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 195.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 $4.25, about 39.3% above its last closing price of $2.58

This summary was machine generated from LSEG data August 7 at 04:39 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)