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 September 30, 2023 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 Not applicable ...

PubMatic, Inc. (NASDAQ:PUBM) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Stacie Clements - IR, The Blue Shirt Group Rajeev Goel - Co-Founder & CEO Steve Pantelick - CFO Conference Call Participants Matt Swanson - RBC James Heaney - Jefferies Jason Helfstein - Oppenheimer Dan Day - B. Riley Tim Nollen - Macquarie Shweta Khajuria - Evercore Andrew Boone - JMP Max Michaelis - Lake Street Operator Hello, everyone and welcome to PubMatic's Second Quarter 2023 Earnings Call. My ...

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, 2023 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 ...

PubMatic, Inc. (NASDAQ:PUBM) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Stacie Clements - Investor Relations Rajeev Goel - Co-Founder and Chief Executive Officer Steve Pantelick - Chief Financial Officer Conference Call Participants Shweta Khajuria - Evercore Matt Swanson - RBC Jason Helfstein - Oppenheimer Miles Jakubiak - KeyBanc James Heaney - Jefferies Tim Nollen - Macquarie Dan Day - B. Riley Mauricio Munoz - Raymond James Operator Hello, everyone and welcome to PubMa ...

This presentation contains forward-looking statements. These statements may relate to, but are not limited to, expectations of Q2 2023 and full-year 2023 operating results or financial performance, market size and growth opportunities, the calculation of certain of our key financial and operating metrics, capital expenditures, plans for future operations, competitive position, new products, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-loo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 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) Washington, DC 20549 FORM 10-Q (Mark One) Delaware 20-5863224 (State or other ju ...

PubMatic, Inc. (NASDAQ:PUBM) Q4 2022 Earnings Conference Call February 28, 2023 4:30 PM ET Company Participants Stacie Clements – The Blueshirt Group Rajeev Goel – Co-Founder and Chief Executive Officer Steve Pantelick – Chief Financial Officer Conference Call Participants Jason Helfstein – Oppenheimer Justin Patterson – KeyBanc Shweta Khajuria – Evercore Matt Swanson – RBC James Heney – Jefferies Andrew Boone – JMP Andrew Marok – Raymond James Eric Martinuzzi – Lake Street Operator Hello, everyone, and wel ...

Financial Results ($ in Millions) Low High Revenue $50 $52 Adjusted EBITDA $4 $6 Adjusted EBITDA Margin 8% 12% Note: Numbers rounded for presentation purposes Expect 50%+ reduction in 2023 capex investment $30M+ in annual savings by leveraging off-shore development resources $10M contributed to 2H'22 bottom line by adjusting expenses and investments 17 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------|-------|--------------------------------------------------- ...

Financial Performance - For the year ended December 31, 2022, the company's revenue was $256.4 million, an increase from $226.9 million in 2021, representing a growth of approximately 12%[369]. - The company's net income for 2022 was $28.7 million, down from $56.6 million in 2021, indicating a decline of about 49%[378]. - The gross profit for 2022 was $174.9 million, slightly up from $168.6 million in 2021, indicating a growth of approximately 4%[378]. - The diluted net income per share decreased to $0.50 in 2022 from $1.00 in 2021, a decline of 50%[378]. - Total current assets increased to $503.5 million as of December 31, 2022, compared to $460.7 million in 2021, reflecting a growth of approximately 9%[376]. - The total liabilities increased to $330.0 million in 2022 from $293.0 million in 2021, reflecting a growth of approximately 13%[376]. - The net income for the year ended December 31, 2021, was $56.604 million, up from $26.613 million in 2020, representing a year-over-year increase of 112%[384]. - The company reported a net income of $28.705 million for the year ended December 31, 2022, showing a consistent upward trend in profitability[385]. - The company recognized a total provision for income taxes of $8,762,000 for the year ended December 31, 2022, with an effective tax rate of 23.43%[494]. Cash and Investments - As of December 31, 2022, the company had cash and cash equivalents of $92.4 million and marketable securities of $82.0 million[356]. - Cash and cash equivalents at the end of the year increased to $92.382 million from $82.505 million in 2021, representing a growth of 10.7%[388]. - The company incurred $137.793 million in purchases of marketable securities, significantly higher than $90.562 million in 2021, reflecting a 52% increase[388]. - The remaining contractual maturity of all marketable securities was within one year as of December 31, 2022, indicating a focus on short-term investments[447]. - Total financial assets as of December 31, 2022, amounted to $135,066,000, a decrease from $154,322,000 in 2021, representing a decline of approximately 12.5%[444]. Operating Expenses - Operating expenses for 2022 totaled $134.3 million, up from $109.8 million in 2021, marking an increase of approximately 22%[378]. - Total depreciation and amortization expenses rose to $34.249 million in 2022, up from $23.073 million in 2021, indicating a 48.5% increase[388]. - Stock-based compensation for the year ended December 31, 2022, amounted to $22.121 million, indicating a significant investment in employee incentives[385]. - Total stock-based compensation expense for the year ended December 31, 2022, was $20,646,000, an increase of 46% from $14,107,000 in 2021[491]. Acquisitions and Growth - The company completed the acquisition of ConsultMates, Inc (dba "Martin") and must successfully integrate this business to achieve anticipated strategic and financial goals[25]. - The company acquired ConsultMates, Inc. for a purchase price of $30.8 million, with $7.9 million allocated to developed technology intangible assets[371]. - Goodwill increased to $29.577 million as of December 31, 2022, primarily due to the acquisition of ConsultMates[468]. - Total acquisition-related intangible assets amounted to $8.299 million, with developed technology valued at $7.444 million and customer relationships at $855,000[469]. - The company recorded acquisition-related costs of $0.9 million in general and administrative expenses for the year ended December 31, 2022[467]. Market and Regulatory Environment - The company reported that its revenue and results of operations are highly dependent on the overall demand for advertising[25]. - The company is subject to evolving laws and regulations related to data privacy and consumer protection, which could impact operations[25]. - The company has not entered into any hedging arrangements with respect to foreign currency risk, which may affect operating income if foreign sales and expenses increase[356]. - A hypothetical 10% change in the U.S. Dollar to Indian Rupee exchange rate could result in a change of $1.6 million in operating income for the year ended December 31, 2022[356]. Stock and Equity - The company issued 2,655,000 shares of common stock upon initial public offering, netting $45.006 million after underwriting discounts and commissions[384]. - The total number of common stock shares outstanding as of December 31, 2022, was 52,705,187, reflecting the company's growth in equity financing[385]. - The company has $14.1 million of unrecognized stock-based compensation related to unvested stock options, expected to be recognized over 2.15 years[479]. - The company has reserved 529,888 shares of its common stock for issuance under the Employee Stock Purchase Plan (ESPP) as of December 31, 2022[485]. Future Commitments and Expectations - Future minimum commitments for purchase obligations total $41.080 million, with the largest commitments due in 2023 ($19.698 million) and 2024 ($15.798 million)[472]. - The Company expects to adopt ASU 2021-08 in the first quarter of fiscal 2023, which may not have a material impact on its consolidated financial statements[440]. - The Company expects to generate more state research credit carryforwards in the future than can be utilized against projected taxable income, indicating a strategic focus on R&D[497].

PubMatic, Inc.'s (NASDAQ:PUBM) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Stacie Clements - Investor Relations, The Blueshirt Group Rajeev Goel - Co-Founder, Chief Executive Officer & Director Steven Pantelick - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Brent Thill - Jefferies Shweta Khajuria - Evercore Matt Swanson - RBC Andrew Marok - Raymond James Andrew Boone - JMP Justin Patterson - KeyBanc Maxwell Michaelis - Lake Street S ...