NO-HEADQUARTERS/REDWOOD CITY, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced that it will release its financial results for the quarter ended September 30, 2024 after market close on November 12, 2024. On that day, PubMatic will host a webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the company's financial results. Webcast Details What: PubMatic's Thi ...

PubMatic (PUBM) shares have lost 10.4% year to date against the Zacks Computer and Technology Sector and S&P 500 index's return of 19.5% and 18.1%, respectively. PubMatic stock has also underperformed the Zacks Internet - Software industry's return of 15.7% in the same time frame. The underperformance is mainly due to PUBM stock's sharp decline following its missed revenue estimates for the second quarter of 2024. However, PUBM is constantly winning big clients, implying the company's ability to gain market ...

One customer is making changes and causing PubMatic to miss its mark. Shares of programmatic advertising technology (adtech) company PubMatic (PUBM -30.25%) were crushed on Friday after the company reported financial results for the second quarter of 2024. As of 11 a.m. ET, PubMatic stock was down a painful 30%. Why the market disliked PubMatic's quarter In my opinion, Q2 results weren't so bad for PubMatic. But allow me to acknowledge why investors are dumping this stock today. Management had guided for Q2 ...

| --- | --- | --- | |-------|--------------------------------|-------| | | | | | | | | | | Q2 2024 Earnings Presentation | | | | August 8, 2024 | | S A F E H A R B O R This presentation contains forward-looking statements regarding our future business expectations, including but not limited to our guidance relating to our revenue and adjusted EBITDA for the third quarter of 2024 and revenue, adjusted EBITDA margin and capex for the full year 2024, our expectations regarding our free cash flow, capital expen ...

PubMatic, Inc. (NASDAQ:PUBM) Q2 2024 Results Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Stacie Bosinoff Clements - Investor Relations, The Blueshirt Group Rajeev Goel - Co-Founder and Chief Executive Officer Steve Pantelick - Chief Financial Officer Conference Call Participants Ian Peterson - Evercore ISI Shweta Khajuria - Wolfe Research, LLC Matthew Swanson - RBC Capital Markets James Heaney - Jefferies Steven Hromin - Oppenheimer & Co. Operator Hello, everyone. And welcome to ...

PubMatic, Inc. (PUBM) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.05, delivering a surprise of 58.33%. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to________ Commission File Number: 001-39748 PUBMATIC, INC. (Exact name of registrant as specified in its charter) Delaware 20-5863224 (State or other jur ...

Revenue and Growth - Revenue for Q2 2024 was $67.3 million, up 6% compared to Q2 2023, with omnichannel video revenue growing 19% year-over-year[1][5] - Revenue from high-value formats and channels, including mobile display and omnichannel video, grew 15% year-over-year and represented 78% of total revenue[5] - Revenue for Q2 2024 increased to $67.3 million, up 6.2% from $63.3 million in Q2 2023[17] - Revenue for Q2 2024 was $67.267 million, up from $63.330 million in Q2 2023[20] - For Q3 2024, the company expects revenue between $65 million to $67 million and adjusted EBITDA of $15 million to $17 million, representing a 24% margin at the midpoint[9] - Full-year 2024 revenue is projected to be between $288 million and $292 million, representing approximately 9% growth, with adjusted EBITDA expected to be $87 million to $91 million, a 31% margin at the midpoint[9] Profitability and Margins - Gross profit increased by 10% year-over-year to $42.1 million, with a net income of $2.0 million and a 3% margin[1][3] - Adjusted EBITDA for Q2 2024 was $21.1 million, representing a 31% margin, up from $10.8 million and a 17% margin in Q2 2023[1][3] - Gross profit for Q2 2024 increased to $42.1 million, up 10.1% from $38.3 million in Q2 2023[17] - Net income for Q2 2024 improved to $1.97 million, compared to a net loss of $5.72 million in Q2 2023[17] - Adjusted EBITDA for Q2 2024 was $21.078 million, a significant increase from $10.809 million in Q2 2023, with an Adjusted EBITDA margin of 31% compared to 17% in Q2 2023[20] - Non-GAAP net income for Q2 2024 was $9.671 million, compared to $0.152 million in Q2 2023[21] - Non-GAAP diluted EPS for Q2 2024 was $0.17, compared to $0.00 in Q2 2023[21] - Net income for Q2 2024 was $1.971 million, compared to a net loss of $5.724 million in Q2 2023[20] Cash Flow and Financial Position - Net cash provided by operating activities for the first six months of 2024 increased to $36.2 million, up 26.7% from $28.6 million in the same period of 2023[19] - Free cash flow for Q2 2024 was $6.913 million, down from $10.795 million in Q2 2023[22] - Net cash provided by operating activities for Q2 2024 was $11.944 million, down from $15.848 million in Q2 2023[22] - Cash and cash equivalents decreased to $73.5 million as of June 30, 2024, from $78.5 million as of December 31, 2023[16] - Total assets decreased to $673.1 million as of June 30, 2024, from $695.2 million as of December 31, 2023[16] - Accounts receivable decreased to $351.6 million as of June 30, 2024, from $375.5 million as of December 31, 2023[16] Share Repurchase and Capital Expenditures - The company repurchased 6.1 million shares of Class A common stock for $100.1 million, with $74.9 million remaining in the repurchase program[4] - CapEx for 2024 is estimated to be between $16 million and $18 million[10] Operating Expenses and Compensation - Total operating expenses for Q2 2024 increased to $46.1 million, up 1.5% from $45.4 million in Q2 2023[17] - Stock-based compensation expense for Q2 2024 increased to $9.7 million, up 33.5% from $7.3 million in Q2 2023[18] - Stock-based compensation for Q2 2024 was $9.699 million, up from $7.266 million in Q2 2023[20] - Depreciation and amortization for Q2 2024 was $11.336 million, slightly up from $10.898 million in Q2 2023[20] Monetization and Impressions - Monetized impressions grew 12% year-over-year, with Supply Path Optimization (SPO) representing over 50% of total activity[1][5] Headcount and Workforce - The company increased global headcount by 16% year-over-year in Q2 2024, adding team members across product management, engineering, and go-to-market teams[7] Interest Income - Interest income for Q2 2024 was $2.340 million, compared to $2.176 million in Q2 2023[20] Operating Loss - Operating loss for Q2 2024 narrowed to $3.99 million, compared to $7.13 million in Q2 2023[17]

NEW DELHI, India and REDWOOD CITY, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced its association with Disney+ Hotstar, to transform the advertising landscape for digital advertising. Disney+ Hotstar, India's streaming platform offering a wide range of content across Indian and international titles, has selected PubMatic to enable programmatic monetization of content across mult ...

NO-HEADQUARTERS/REDWOOD CITY, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- PubMatic, an independent technology company delivering digital advertising's supply chain of the future, has published a new whitepaper that addresses the profound shifts in the digital advertising ecosystem caused by new consumer privacy regulations and continued signal loss. The paper also addresses Google's recent decision to continue support for third-party cookies in Chrome, which puts the choice around addressable advertising in t ...