PubMatic (PUBM) Q3 Earnings: What To Expect

Core Insights - PubMatic is set to announce its earnings results, with analysts expecting a significant year-on-year revenue decline of 10.8% to $64.02 million, contrasting with a 12.7% increase in the same quarter last year [2] - The company previously reported revenues of $71.1 million, which was a 5.7% increase year-on-year, but missed revenue guidance for the next quarter [1][3] - Analysts have generally maintained their estimates for PubMatic, indicating expectations for stability despite the company having missed Wall Street's revenue estimates twice in the past two years [3] Revenue and Earnings Expectations - Analysts anticipate an adjusted loss of -$0.01 per share for the upcoming quarter [2] - The revenue guidance for the next quarter has significantly missed analysts' expectations, indicating potential challenges ahead [1] Peer Performance - In the advertising software segment, peers like AppLovin and Integral Ad Science reported strong year-on-year revenue growth of 17.3% and 15.6%, respectively, both exceeding analysts' expectations [4] - Despite the positive performance of peers, PubMatic's stock has declined by 5.6% over the past month, while the average analyst price target for PubMatic stands at $11.28 compared to its current share price of $7.54 [5]