Teads Holding Co. (TEAD) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to TID's second quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I would like to turn the call over to TID's investor relations. Please go ahead. Good morning and thank you for joining us on today's conference call to discuss TID's second quarter results. Joining me on the call today, we have David Kostman and Jason Kiviat, the CEO and CFO of Teads. During this conference call, managers will make forward-looking statements based on current expectations and assumptions, including statements regarding our business outlook and prospects. The statements are subject to risks and uncertainties that may cause actual results to differ materially from our forward-looking statements. These risk factors are discussed in detail in our annual report on Form 10-K for the year ended December 31, 2025. As updated in our subsequent reports filed with the Securities and Exchange Commission, forward-looking statements speak only as of the call's original date, and we do not undertake any duty to update any such statements. Today's presentation also includes references to the non-GAAP financial measures. You should refer to the information contained in the company's second quarter results announcement for definitional information and reconciliations of non-GAAP measurements to the comparable GAAP financial measures. Our earnings release can be found on our IR website, investors.tease.com, under News and Events. With that, Let me turn the call over to David. Thank you, May, and good morning, everyone. For the second quarter, excellent gross profit reached $123 million. Adjusted EBITDA was $7 million, ...