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/Mis Actual Consensu

s s

Estimate

Q3 Miss $318.80 $335.38

Revenue mln mln (5

Analysts

)

Q3 Miss -$16.30 -$9.36

Adjusted mln mln (5

Net Analysts

Income )

Q3 Net -$19.70

Income mln

Q3 Miss $19.20 $25.56

Adjusted mln mln (5

EBITDA Analysts

)

Q3 Gross $105.70

Profit 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 ( TEAD ) is $2.50, about 41.2% above its November 5 closing price of $1.47

Press Release:

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(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.)