EXHIBIT 99.1 PubMatic Announces Fourth Quarter and Fiscal Year Ended 2024 Financial Results FY Revenue of $291.3 million, up 9% over 2023; Delivered FY 2024 net income of $12.5 million or 4% margin; FY adjusted EBITDA increased 23% over 2023 and was $92.3 million or 32% margin; Revenue in Q4 from CTV more than doubled year over year and represented 20% of total revenue; Supply Path Optimization represented 53% of total activity in 2024; Fiscal year 2023 GAAP net income includes approximately $5.7 million of ...

Core Insights - PubMatic reported FY 2024 revenue of $291.3 million, a 9% increase from $267.0 million in FY 2023, with a net income of $12.5 million, representing a 4% margin [1][5] - The company achieved an adjusted EBITDA of $92.3 million, reflecting a 23% increase over the previous year, with a margin of 32% [1][5] - In Q4 2024, revenue from Connected TV (CTV) more than doubled year-over-year, accounting for 20% of total revenue [1][2] Financial Performance - FY 2024 gross profit was $190.2 million, yielding a 65% margin, an improvement of 250 basis points from FY 2023 [5] - Q4 2024 revenue was $85.5 million, a slight increase of 1% from $84.6 million in Q4 2023 [5] - GAAP net income for Q4 2024 was $13.9 million, with a margin of 16%, compared to $18.7 million and a margin of 22% in Q4 2023 [5][11] Business Highlights - The revenue mix is evolving, with CTV revenue growing significantly, indicating a shift towards high consumer engagement channels [2][12] - Supply Path Optimization (SPO) accounted for 53% of total activity in 2024, up from 45% in 2023 [1][12] - The company expanded its partnerships with major streaming brands, now collaborating with 80% of the top 30 streaming publishers [12] Strategic Initiatives - PubMatic launched several new products, including CTV Marketplaces and Creative Category Manager, aimed at enhancing ad buying efficiency and targeting [12][13] - The company increased its global headcount by 11% in 2024 to support long-term growth initiatives [18] - Generative AI adoption improved engineering productivity by over 15%, facilitating faster software development and release processes [18] Market Outlook - The company anticipates continued growth in 2025, with expectations of a 15%+ increase in underlying business revenue, excluding certain buyers [7][15] - The total addressable market has been expanded to over $120 billion, targeting key stakeholders in the digital advertising ecosystem [12]

Group 1 - PubMatic (NASDAQ: PUBM) has experienced significant volatility in its stock price over the past year, with a strong rally in the first half of 2024 followed by a decline in the last six months [1] - The current trading price of PubMatic is near its lows, indicating a potential opportunity for investors who are looking for undervalued stocks [1] Group 2 - The article highlights the expertise of the financial journalist Muslim Farooque, who has over five years of experience in covering stock and cryptocurrency markets [1] - Farooque's insights are aimed at empowering investors to make informed financial decisions, showcasing the importance of data-driven analysis in investment strategies [1]

Core Insights - PubMatic, Inc. is an independent technology company focused on enhancing the digital advertising supply chain [3] - The company will participate in two upcoming financial conferences, showcasing its commitment to investor engagement [4] Company Overview - PubMatic maximizes customer value by delivering a future-oriented digital advertising supply chain [3] - The company's sell-side platform empowers digital content creators to control inventory access and enhance monetization [3] - Since its inception in 2006, PubMatic has utilized an infrastructure-driven approach for real-time data processing and utilization [3] Upcoming Events - Management will participate in the Citizens JMP Technology Conference on March 3, 2025, with a webcasted fire-side chat scheduled for 1:30 p.m. PT / 4:30 p.m. ET [4] - The KeyBanc Capital Markets Emerging Technology Summit will feature management on March 4, 2025, at 10:00 a.m. PT / 1:00 p.m. ET [4]

Core Insights - TCL and PubMatic have formed a partnership to enhance programmatic advertising for live sports, connecting TCL's premium streaming inventory with PubMatic's technology platform to drive demand and efficiency [1][2] - The partnership aims to leverage TCL's audience of over 24 million viewers, providing advertisers with targeted access to sports enthusiasts through platforms like the NFL Channel and CBS Sports [2][4] Company Overview - TCL Electronics is a leading consumer electronics brand operating in over 160 markets globally, specializing in the development and manufacturing of various consumer electronics products [5][6] - PubMatic is an independent technology company focused on maximizing customer value in digital advertising, providing a sell-side platform that empowers digital content creators to control inventory access and increase monetization [7] Partnership Benefits - Enhanced targeting capabilities will allow advertisers to reach engaged sports fans with precision by integrating TCL's viewership data with PubMatic's targeting technology [5] - Supply path optimization through PubMatic's technology will streamline the ad buying process, improving campaign performance [5] - Advanced measurement tools will provide closed-loop reporting, offering insights into campaign effectiveness across the marketing funnel [5] Industry Trends - The digital live sports landscape is rapidly evolving, with eMarketer projecting that digital US viewership will surpass traditional pay TV for the first time in 2024, indicating a significant shift towards connected TV (CTV) platforms [4] - This partnership positions brands and marketers to capitalize on the growing audience of digital live sports viewers, ensuring effective campaign reach [4]

Core Insights - PubMatic, Inc. will release its financial results for the quarter and fiscal year ended December 31, 2024, after market close on February 27, 2025 [1] - A webcast will be hosted on the same day at 1:30 p.m. Pacific Time to discuss the financial results [1][3] Company Overview - PubMatic is an independent technology company focused on maximizing customer value in the digital advertising supply chain [2] - The company provides a sell-side platform that empowers digital content creators to control access to their inventory and enhance monetization [2] - Since its inception in 2006, PubMatic has utilized an infrastructure-driven approach for real-time data processing and utilization [2] - The company aims to deliver scalable and flexible programmatic innovations to improve customer outcomes while promoting a transparent digital advertising supply chain [2]

Core Insights - PubMatic's Activate platform has seen rapid adoption and significant market share growth since its launch in 2023, with nearly 6x growth in customer count and nearly 5x in campaign count year-over-year in 2024 [3] - The platform addresses critical challenges in the digital advertising landscape, such as complex supply chains and rising intermediary fees, by providing greater efficiency and transparency [2] Performance Metrics - Advertisers using Activate experience an average 13% decrease in CPMs, leading to significant cost savings and increased working media [5][6] - A case study with Mars demonstrated a 126% incremental sales lift, while another campaign achieved a 17% improvement in video completion rate [7] Industry Adoption - All "Big Six" advertising agencies now utilize Activate as a media activation tool, indicating widespread industry acceptance [5] - Activate is available across all global customer regions, including North America, Latin America, Europe, Middle East, Africa, and Asia Pacific [5] Technological Integration - Activate combines buy-side and sell-side technology in a single platform, providing advertisers with unprecedented control over their programmatic supply chains [4] - The platform integrates with a robust ecosystem of premium publishers and data providers, enhancing efficiency and transparency [4] Data-Driven Capabilities - Activate leverages advanced data, including unique commerce media data from partners like Instacart, Western Union, and Intuit, to optimize campaign performance [6] - More than 70% of the platform's usage focuses on unique auction packages, which curate effective audience segments [10] Future Enhancements - PubMatic plans to enhance Activate with a focus on inventory discovery, SPO insights, end-to-end troubleshooting, deal setup control, and leveraging AI and Gen AI across the platform [10]

Core Insights - PubMatic's Activate platform has seen rapid adoption and significant market share growth since its launch in 2023, with nearly 6x growth in customer count and nearly 5x in campaign count year-over-year in 2024 [3] - The platform addresses critical challenges in the digital advertising landscape, such as complex supply chains and rising intermediary fees, by providing greater efficiency and transparency [2][4] Adoption and Market Impact - All "Big Six" advertising agencies are now utilizing Activate, indicating widespread industry acceptance [5] - Activate is available globally, empowering advertisers across North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific [5] Performance and Efficiency - Buyers using Activate experience an average 13% decrease in CPMs, leading to significant cost savings and increased working media [5][6] - The platform has demonstrated tangible business outcomes, such as a 126% incremental sales lift in a recent Mars case study and a 17% improvement in video completion rates [6] Technological Integration and Innovation - Activate combines buy-side and sell-side technology, providing advertisers with unprecedented control over their programmatic supply chains [4] - The platform leverages advanced data and partnerships to enhance targeting and campaign performance, including unique commerce media data from partners like Instacart and Western Union [6] Future Enhancements - PubMatic is committed to continuous innovation, focusing on enhancing Activate's capabilities, including inventory discovery, SPO insights, end-to-end troubleshooting, and leveraging AI for improved performance [7][10]

REDWOOD CITY, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, today announced an expansion of their work with Western Union to include its commerce media business. This collaboration expanded partnership will leverage PubMatic’s leading Sell-Side Platform (SSP) capabilities to enhance onsite monetization while using Western Union’s rich first-party data for offsite audience extension via Convert. This will ena ...

PHILADELPHIA and REDWOOD CITY, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Xumo, a streaming platform joint venture between Comcast and Charter, and PubMatic (Nasdaq: PUBM) an independent technology company delivering digital advertising’s supply chain of the future, announced a partnership today to make Xumo’s premium inventory programmatically available to advertisers via PubMatic. As the digital advertising ecosystem becomes more crowded and convoluted, advertisers are calling for the data-driven insights ...