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Lost Money on PubMatic, Inc. (PUBM)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
Globenewswire· 2025-10-16 20:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][3]. Group 1: Allegations and Class Period - The class period for the lawsuit is from February 27, 2025, to August 11, 2025 [3]. - Allegations include that a major demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [3]. - The complaint asserts that the defendants made materially false and misleading statements about the company's business and prospects, lacking a reasonable basis [3]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of October 20, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered from deceit and illegal business practices [5]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
Investors in PubMatic, Inc. Should Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights - PUBM
Prnewswire· 2025-10-06 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit for shareholders who purchased shares during the specified class period [1] - The class period is defined as February 27, 2025, to August 11, 2025, with allegations of materially false and misleading statements made by the defendants [1] - Allegations include a significant shift of clients from a top demand side platform buyer to a new platform, resulting in reduced ad spend and revenue for PubMatic [1] Summary by Sections Class Action Details - Shareholders are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment, which is not required for recovery [1] - The deadline for shareholders to register for the class action is October 20, 2025 [2] - Registered shareholders will receive updates through portfolio monitoring software throughout the case lifecycle [2] Legal Representation - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]
36Kr Holdings Inc. Reports Unaudited Financial Results for the First Half of 2025
Globenewswire· 2025-09-26 09:00
Core Viewpoint - 36Kr Holdings Inc. reported significant improvements in profitability and operational efficiency in the first half of 2025, despite a decrease in total revenues compared to the same period in 2024 [4][8][10]. Financial and Operational Highlights - Total revenues for the first half of 2025 were RMB93.2 million (US$13.0 million), down from RMB102.4 million in the same period of 2024 [4][8]. - Revenues from online advertising services decreased to RMB74.5 million (US$10.4 million) from RMB80.4 million [4][12]. - Revenues from enterprise value-added services were RMB12.2 million (US$1.7 million), down from RMB13.4 million [4][12]. - Subscription services revenues fell to RMB6.4 million (US$0.9 million) from RMB8.6 million [4][12]. - Gross margin increased to 54.4%, up 10 percentage points from 44.4% in the same period of 2024 [4][10]. - Operating expenses were reduced by 52.3% to RMB55.9 million (US$7.8 million) from RMB117.0 million [4][11]. - Net loss narrowed significantly to RMB4.8 million (US$0.7 million), a 95% decrease from RMB95.9 million in the same period of 2024 [4][16]. Customer and Subscriber Metrics - The number of online advertising services end customers increased slightly to 226 from 222 [3]. - The average revenue per online advertising services end customer decreased to RMB329.7 thousand from RMB362.1 thousand [3]. - The number of enterprise value-added services end customers decreased to 49 from 56 [3]. - The number of individual subscribers was reported as 16, with an average revenue of RMB24,637.5 [3]. - The number of institutional investors decreased to 102 from 139, while the average revenue per institutional investor increased to RMB63.1 thousand from RMB59.2 thousand [3]. Strategic Insights - The company emphasized its commitment to enhancing profitability through strategic execution in content innovation, commercialization, and technology applications [4][5]. - The company achieved a 10% year-over-year increase in followers, reaching over 36 million as of June 30, 2025 [4][5]. - Future plans include deepening the content moat, expanding product offerings, and leveraging AI technology for sustainable development [4][5].
36Kr Holdings Inc. to Report 2025 First Half Financial Results on Friday, September 26, 2025
Globenewswire· 2025-09-23 10:00
Core Viewpoint - 36Kr Holdings Inc. is set to report its unaudited financial results for the first half of 2025 on September 26, 2025, before U.S. market opening [1] Group 1: Earnings Conference Call - The management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on September 26, 2025 [2] - Participants can join the call by completing pre-registration and dialing in 5 minutes prior to the start time [2][3] - A live and archived webcast of the conference call will be available on the Company's investor relations website [3] Group 2: Company Overview - 36Kr Holdings Inc. is a leading platform serving New Economy participants in China, focusing on empowering them to achieve more [4] - The Company began with high-quality New Economy-focused content and has expanded to include business services such as online advertising and enterprise value-added services [4] - 36Kr is supported by a comprehensive database and strong data analytics capabilities, positioning it to capture growth in China's New Economy [4]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages PubMatic, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PUBM
GlobeNewswire News Room· 2025-09-03 15:39
Core Viewpoint - Rosen Law Firm is reminding investors who purchased PubMatic, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025, and the lead plaintiff deadline is October 20, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [3]. Group 3: Case Allegations - The lawsuit alleges that PubMatic made false and misleading statements regarding its business operations, particularly related to a top demand side platform buyer shifting clients to a new platform, resulting in reduced ad spend and revenue [4]. - The misleading statements led to investor damages when the true details were revealed [4].
iQIYI Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-20 09:00
Core Viewpoint - iQIYI, Inc. reported a significant decline in financial performance for the second quarter of 2025, with total revenues decreasing by 11% year-over-year, driven by lower membership and advertising revenues, while the company continues to focus on innovation and long-term growth strategies [3][4][7]. Financial Highlights - Total revenues for Q2 2025 were RMB 6.63 billion (approximately US$ 925.3 million), down 11% from RMB 7.44 billion in Q2 2024 [4][8]. - Membership services revenue decreased by 9% year-over-year to RMB 4.09 billion (US$ 571.0 million) due to a lighter content slate [8]. - Online advertising services revenue fell by 13% year-over-year to RMB 1.27 billion (US$ 177.6 million) as advertisers adjusted strategies amid macroeconomic pressures [8]. - Content distribution revenue dropped 37% year-over-year to RMB 436.6 million (US$ 60.9 million) due to a decrease in barter transactions [9]. - Operating loss for Q2 2025 was RMB 46.2 million (US$ 6.4 million), compared to an operating income of RMB 342.1 million in Q2 2024 [7][11]. - Net loss attributable to iQIYI was RMB 133.7 million (US$ 18.7 million), a significant decline from a net income of RMB 68.7 million in the same period last year [14][15]. Cost Management - Cost of revenues decreased by 7% year-over-year to RMB 5.29 billion (US$ 738.9 million), with content costs also down by 8% to RMB 3.78 billion (US$ 528.0 million) [10]. - Selling, general and administrative expenses were RMB 959.6 million (US$ 134.0 million), a slight decrease of 1% year-over-year [10]. - Research and development expenses decreased by 6% year-over-year to RMB 421.9 million (US$ 58.9 million) [11]. Cash Flow and Financial Position - Net cash used for operating activities was RMB 12.7 million (US$ 1.8 million), a stark contrast to net cash provided of RMB 410.8 million in Q2 2024 [16]. - Free cash flow was negative RMB 34.1 million (negative US$ 4.8 million), compared to positive free cash flow of RMB 382.5 million in the same period last year [16]. - As of June 30, 2025, the company had cash and cash equivalents totaling RMB 5.06 billion (US$ 705.7 million) [17]. Strategic Focus - The company is investing in key growth areas such as AI applications, micro dramas, and global expansion to drive sustainable long-term success [3][4]. - iQIYI aims to optimize its capital structure, with net interest expenses declining consistently over the last seven quarters [3].
Yelp (YELP) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-08 23:30
Core Insights - Yelp reported revenue of $358.53 million for Q1 2025, a year-over-year increase of 7.8% and an EPS of $0.36 compared to $0.20 a year ago, exceeding Zacks Consensus Estimates [1] - The revenue surprise was +1.85% against the consensus estimate of $352.02 million, while the EPS surprise was +16.13% against the consensus estimate of $0.31 [1] Financial Performance Metrics - Yelp's shares returned -0.6% over the past month, while the Zacks S&P 500 composite increased by +11.3% [3] - The company has a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3] Advertising Metrics - Total Paying Advertising Locations were 517 thousand, slightly below the estimated 521.75 thousand [4] - Paying Advertising Locations for Restaurants, Retail & Other were 256 thousand, compared to the estimated 264 thousand [4] - Paying Advertising Locations for Services were 261 thousand, exceeding the estimated 256.67 thousand [4] - Net revenue from Advertising was $342 million, surpassing the average estimate of $335.97 million, with a year-over-year change of +7.7% [4] - Net revenue from Other services was $16.53 million, above the average estimate of $16.12 million, reflecting a year-over-year change of +9.4% [4] - Advertising revenue from Services was $231.58 million, exceeding the average estimate of $219.77 million, with a year-over-year change of +13.9% [4] - Advertising revenue from Restaurants, Retail & Other was $110.43 million, below the average estimate of $115.50 million, showing a year-over-year change of -3.4% [4]
What Analyst Projections for Key Metrics Reveal About Yelp (YELP) Q1 Earnings
ZACKS· 2025-05-05 14:22
Core Insights - Yelp (YELP) is expected to report quarterly earnings of $0.31 per share, a 55% increase year-over-year, with revenues projected at $352.02 million, reflecting a 5.8% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 2.8% over the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [3] Revenue Projections - Analysts project 'Net revenue- Advertising' to reach $335.97 million, a 5.8% increase from the previous year [5] - 'Net revenue- Other services' is expected to be $16.12 million, indicating a 6.6% year-over-year increase [5] - 'Net revenue- Advertising revenue- Services' is forecasted at $219.77 million, reflecting an 8.1% increase from the prior year [5] Advertising Metrics - 'Net revenue- Advertising revenue- Restaurants, Retail & Other' is estimated to be $115.50 million, a 1% increase year-over-year [6] - The consensus for 'Paying Advertising Locations' is 521.75 thousand, down from 530 thousand reported in the same quarter last year [6] - 'Paying Advertising Locations - Restaurants, Retail & Other' is estimated at 264 thousand, down from 278 thousand in the same quarter last year [7] - 'Paying Advertising Locations - Services' is projected to reach 256.67 thousand, slightly up from 252 thousand reported in the same quarter last year [7] Stock Performance - Over the past month, Yelp shares have decreased by 1.4%, while the Zacks S&P 500 composite has increased by 0.4% [8] - Yelp holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [8]