PubMatic Inc is a technology company that specializes in digital advertising solutions, primarily functioning as a publisher-focused platform for programmatic advertising
The company provides a comprehensive suite of services that enables publishers to maximize their revenue by optimizing the sale of digital advertising space through real-time bidding and data-driven strategies. By connecting publishers with advertisers, PubMatic enhances the efficiency and effectiveness of advertising campaigns while ensuring that publishers maintain control over their inventory and audience data. The company's platform leverages advanced analytics and insights, helping clients navigate the complexities of the digital advertising landscape.
Shares of programmatic advertising platform Pubmatic (NASDAQPUBM)
fell 24% in the morning session after the company reported weak fourth-quarter results: its revenue and EBITDA guidance for the next quarter fell short of Wall Street's estimates. On the other hand, PubMatic beat analysts' EPS and EBITDA expectations this quarter. We note that ad tech companies had weaker quarters in general, as both The Trade Desk and DoubleVerify missed on revenue and guided below for next quarter. PubMatic wasn't spared, and the stock traded down.
Programmatic advertising platform Pubmatic (NASDAQPUBM) missed Wall Street’s revenue expectations in Q4 CY2024 as sales only rose 1.1% year on year to $85.5 million. Next quarter’s revenue guidance of $62 million underwhelmed, coming in 5.9% below analysts’ estimates. Its non-GAAP profit of $0.41 per share was 9.6% above analysts’ consensus estimates.
Programmatic advertising platform Pubmatic (NASDAQPUBM)
will be announcing earnings results tomorrow after the bell. Here’s what investors should know.
Looking back on advertising software stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Integral Ad Science (NASDAQIAS) and its peers.
PubMatic’s stock price has taken a beating over the past six months, shedding 24.3% of its value and falling to $16.00 per share. This may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how advertising software stocks fared in Q3, starting with Zeta (NYSEZETA).
Looking back on advertising software stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including LiveRamp (NYSERAMP) and its peers.
Advertising technology (adtech) giant The Trade Desk Inc. (NASDAQTTD) is the leading independent demand-side platform (DSP) for programmatic advertising.
Let’s dig into the relative performance of The Trade Desk (NASDAQTTD) and its peers as we unravel the now-completed Q3 advertising software earnings season.
Programmatic advertising platform Pubmatic (NASDAQPUBM) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 12.7% year on year to $71.79 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $88 million was less impressive, coming in 2.2% below expectations. Its non-GAAP profit of $0.12 per share was also 36.4% above analysts’ consensus estimates.
